Clarience Technologies Acquires Safe Fleet from Oak Hill Capital
February 15, 2024
Clarience Technologies, backed by Genstar Capital, has acquired Safe Fleet Holdings from Oak Hill Capital. The deal combines Safe Fleet's safety and productivity solutions for fleets with Clarience's global visibility and safety technology platform to broaden product capabilities, cross-sell across vocational end markets, and expand Clarience's global footprint.
- Targets
- Safe Fleet Holdings, LLC
- Sellers
- Oak Hill Capital
- Industry
- Transportation
- Location
- Missouri, United States
- Transaction Type
- Buyout
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