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New Deal


Announced

Completed

Trackunit completed the acquisition of Flexcavo.

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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Germany

Private

Completed

Single Bidder

software company

Software

Acquisition

Cross Border

Majority

Friendly

Synopsis

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Trackunit, an IoT services provider, completed the acquisition of Flexcavo, a software company. Financial terms were not disclosed. "We're delighted to welcome Flexcavo into the Trackunit group and this significantly strengthens our offering to contractors and those with mixed fleets. We're looking forward to leveraging Flexcavo's expertise and make sure we're serving our customers in the best way possible moving forward," Soeren Brogaard, Trackunit CEO.

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