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Announced

Completed

McNeilus completed the acquisition of CartSeeker from Eagle Vision Systems and Waterloo Controls.

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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automation

Cross Border

Majority

Acquisition

Single Bidder

Completed

Private

Canada

Auto Technology

Friendly

Synopsis

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Oshkosh-backed McNeilus, a manufacturer of concrete mixers and refuse truck bodies, completed the acquisition of CartSeeker, a curbside automation product, from Eagle Vision Systems, a company that uses AI-based recognition technology for curbside waste, and Waterloo Controls, an engineering company. Financial terms were not disclosed. “We put a priority on bringing our customers innovations that advance their business, and this strategic investment in autonomy boosts our product capabilities and future offerings,” Jeff Koga, McNeilus Vice President & General Manager.

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