Moving Tech Innovations Acquires Automicle Holding BV to Launch Open, Zero-Commission Mobility Platforms in Europe

Autonomy Acquires EV Mobility's Technology, Assets and Customer Accounts

September 8, 2023

Transportation

Autonomy, an electric vehicle subscription company based in Santa Monica, has agreed to acquire the technology, assets and customer accounts of EV Mobility, an all-electric car-sharing platform that provides EVs as an amenity to hotels and multi-family properties. The deal (cash and stock, terms undisclosed) is intended to accelerate Autonomy's entry into car-sharing, expand its product offering, and scale usage through EV Mobility's existing hospitality and property partnerships; the transaction is expected to close in Q4 2023.

Carousel Capital Recapitalizes McCorquodale Transfer, LLC

July 13, 2023

Logistics & Distribution

Carousel Capital has recapitalized McCorquodale Transfer, LLC (MTI), partnering with founder Bart McCorquodale and management to provide growth capital and support the company's buy-and-build strategy. MTI, a Birmingham-based residential services and white-glove relocation platform with seven branches across the Southeast, will use the partnership to expand organically and via strategic acquisitions.

Mechanical Technology (MTI) Acquires Soluna Computing

August 12, 2021

Energy

Mechanical Technology, Inc. (MTI) agreed to acquire Soluna Computing, Inc., combining MTI's EcoChain assets with Soluna's renewable-energy-powered modular data center business to form Soluna Holdings. The deal creates a platform focused on ‘green’ batchable computing (cryptocurrency mining, scientific and AI workloads) with a development pipeline of ~350 MW and aims to scale renewable-powered data centers globally.

AAMP Global Acquires M2M in Motion

May 3, 2021

Transportation

AAMP Global has acquired M2M in Motion, a fleet intelligence and telematics software provider, to integrate fleet management software into its automotive hardware and aftermarket product portfolio. The acquisition will combine M2M in Motion’s Fleet Motion platform with AAMP’s engineering, manufacturing and installer network to accelerate product development and broaden offerings for commercial and passenger vehicle customers.

ABAX (Investcorp) Acquires Automile

November 16, 2020

Telecommunications

Investcorp-backed ABAX has acquired Automile, a Nordic telematics and IoT fleet-management provider, to strengthen ABAX’s telematics platform and scale its global footprint. The deal combines complementary telematics portfolios to create one of Europe’s largest telematics players by subscriptions and expands ABAX’s capability and geographic coverage.

Ricoh Acquires MTI Technology to Expand IT Services in EMEA

October 7, 2020

IT Services

Ricoh (Ricoh Europe) has acquired MTI Technology, a UK-headquartered IT services provider with ~210–250 employees, to strengthen its IT managed services, cybersecurity and datacentre modernisation capabilities across EMEA. MTI Technology will continue to operate under its existing name as a separate Ricoh entity and its existing board and European management team will remain in place.