AddSecure (Connexas) Acquires RTL Telematics
November 2, 2020
AddSecure, through its Smart Transport UK business Connexas, has acquired RTL Telematics to strengthen its Fleet and Transport Management capabilities in the UK and across Europe. The deal brings RTL's specialist telematics, hazardous-goods solutions and advanced vehicle camera technology into AddSecure's Smart Transport offering to be rolled out to its wider customer base.
- Buyers
- AddSecure, Connexas (AddSecure Smart Transport UK)
- Targets
- RTL Telematics
- Platforms
- Connexas
- Industry
- Transportation
- Location
- United Kingdom
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
AddSecure Acquires Connexas Group
May 21, 2020
Transportation
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.
-
AddSecure Acquires Connecting Solutions BV
May 2, 2024
Transportation
AddSecure has acquired Belgium-based Connecting Solutions BV (and its subsidiary Business Track Netherlands) and will integrate the business into its Traxgo brand within the Smart Mobility unit. The deal expands Traxgo's telematics and fleet-management footprint in Belgium and the Netherlands, adding customers and distributor channels to AddSecure's connected-mobility offering.
-
AddSecure Acquires Clifford Group to Enter Connected Mobility IoT Vertical
September 4, 2023
Telecommunications
AddSecure, a European secure IoT connectivity provider majority‑owned by Castik Capital, will acquire Clifford Group, a Benelux telematics and mobile security specialist. The deal creates a new Smart Mobility business unit within AddSecure to expand into connected mobility, enable cross‑sell opportunities and support geographic expansion in the Benelux and beyond.
-
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 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 Astrata Europe B.V.'s European Telematics Division
June 5, 2024
Transportation
AddSecure, a Castik Capital-backed provider of secure IoT and fleet solutions, has acquired Astrata Europe B.V., the European telematics division of Astrata, closing the transaction on June 5, 2024. The deal expands AddSecure's transport and logistics offering, adds telematics expertise and sales capabilities, and extends its geographic footprint into markets such as Italy and Hungary.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.