AddSecure Acquires Lund's ProgramArkitekter AB

AddSecure Acquires Swiss Telematics Provider LOSTnFOUND

November 23, 2021

Transportation

AddSecure, a Stockholm-based provider of secure IoT connectivity and majority-owned by funds managed by Castik Capital, has acquired Swiss telematics and fleet management provider LOSTnFOUND (fleet.tech). The deal expands AddSecure's footprint into Switzerland and Austria, strengthens its transport and logistics offering in the DACH region, and adds complementary telematics, tracking and sales/marketing capabilities to the group.

AddSecure Acquires Dualtech IT

September 17, 2020

Telecommunications

AddSecure, a Europe-focused provider of secure data and critical communications, has acquired Dualtech IT AB, a Swedish supplier of secure IP-based alarm communication terminals and services. The deal strengthens AddSecure's Smart Alarms portfolio, capabilities and market coverage across Europe ahead of regulatory and network changes.

AddSecure Acquires Navkonzept GmbH

July 22, 2020

Transportation

AddSecure, the Castik Capital-backed European provider of secure data and critical communications, has acquired Navkonzept GmbH, a German aftermarket telematics supplier of fleet management solutions. The deal strengthens AddSecure Smart Transport's presence in Germany, adds ~20,000 billable connections and increases the Smart Transport division's revenues as AddSecure integrates Navkonzept into its Smart Transport business.

AddSecure Acquires iZafe AB from iZafe Group

July 22, 2020

Telecommunications

AddSecure has acquired the iZafe Security business unit (iZafe AB) from iZafe Group AB and will integrate it into its Smart Rescue offering to strengthen its position as a leading provider of personal safety and lone-worker solutions in Sweden. iZafe Group will retain its Healthcare business unit and transition to a pure Life Science company.

AddSecure Acquires Stella Safety Phone Business Unit from Stella Kotipalvelut Oy

December 17, 2019

Healthcare Services

AddSecure, a Sweden-headquartered provider of secure critical communications, has agreed to acquire the Stella Safety Phone business unit from Finnish provider Stella Kotipalvelut Oy; the deal was expected to close by the end of January 2020. The acquisition brings AddSecure into the telecare / smart care market, adding a certified alarm receiving center and products serving ~52,000 end-customers across more than 200 Finnish municipalities; AddSecure is majority-owned by Castik Capital, which backs the transaction.

Castik Capital Acquires Majority Stake in AddSecure from Abry Partners

September 26, 2019

Telecommunications

Funds advised by Castik Capital acquired a majority of AddSecure from Abry Partners, with Abry retaining a minority stake and AddSecure management reinvesting. Castik will partner with AddSecure's management to accelerate the company's organic and acquisitive growth across Europe; financial terms were not disclosed.