AddSecure Acquires Connexas Group

May 21, 2020

AddSecure, the Castik Capital‑backed European provider of secure IoT and critical communications solutions, has acquired UK‑based Connexas Group to expand its Smart Transport footprint in the UK. The acquisition adds roughly €25M of annual revenue and 100,000 billable connections, strengthening AddSecure’s fleet and transport management capabilities across Europe.

Buyers
AddSecure
Targets
Connexas Group
Platforms
AddSecure
Industry
Transportation
Location
England, United Kingdom
Transaction Type
Addon

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