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Announced

Completed

Rand McNally completed the acquisition of Fleetsu.

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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fleet management

Acquisition

Single Bidder

Majority

Private

Friendly

Software

Cross Border

Australia

software

Private Equity

Completed

Synopsis

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Rand McNally, an American technology and publishing company, completed the acquisition of Fleetsu, a fleet management company. Financial terms were not disclosed. "Fleetsu takes our existing expertise to the next level as we now offer the industry's best connected fleet platform complementing our already robust hardware, navigation, logistics, and publishing businesses. The combination of Rand McNally and Fleetsu creates a world-class connected vehicle powerhouse," Aaron Dannenbring, Rand McNally CEO.

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