AddSecure Acquires Astrata Europe B.V.'s European Telematics Division

June 5, 2024

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.

Buyers
AddSecure, Castik Capital
Targets
Astrata Europe B.V.
Sellers
Astrata
Platforms
AddSecure
Industry
Transportation
Location
Netherlands
Transaction Type
Addon

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