Deal snapshot: ID SYSTEMS ACQUIRES KEYTROLLER TO OPEN CROSS SELLING OPPORTUNITIES.
New Jersey, US-based wireless machine-to-machine (M2M) solutions provider I.D. Systems, Inc. has acquired Florida, US-based electronic safety device manufacturer Keytroller LLC, under the advisement of Dallas, US-based mergers and acquisitions specialist Generational Equity, the company said.
Keytroller said the two companies complement each other and will benefit from a broader choice of solutions and a larger, more capable service and support organisation. Generational Equity said the transaction opens cross-selling opportunities for both entities. Generational Equity, part of the Generational Group, provides merger, acquisition and strategic growth advisory services.
Target: Keytroller LLC
Buyer: I.D. Systems, Inc
Deal size in USD:
Type: Corporate Acquisition
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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|Publication:||M & A Navigator|
|Date:||Aug 17, 2017|
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