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New Deal


Announced

Completed

AddSecure completed the acquisition of LOSTnFOUND.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Sweden

Completed

Single Bidder

Friendly

location tracking

Mobility

Acquisition

Domestic

Majority

Synopsis

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AddSecure, a provider of secure IoT connectivity solutions, completed the acquisition of LOSTnFOUND, a provider of location tracking. Financial terms were not disclosed. "I look forward to welcoming LOSTnFOUND into the AddSecure Group. This acquisition delivers on our strategy of becoming the leading provider of fleet and transport management solutions in Europe and will add complementary telematics and tracking solutions to our business. We believe this acquisition will help us serve our customers in an even better way today and in the future,” Claes Odman, AddSecure President.

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