Risk Management Specialist SambaSafety Acquires Analytical Software Firm Vigillo.
M2 EQUITYBITES-February 24, 2017-Risk Management Specialist SambaSafety Acquires Analytical Software Firm Vigillo
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24 February 2017 - Colorado, US-based risk management solutions provider SambaSafety has acquired Oregon, US-based analytical software company Vigillo, to enhance driver risk management platform for DOT regulated fleets, the company said.
The company said the acquisition will combine data and software to provide a complete picture of a drivers' performance. For DOT-regulated fleets, pre-hire and post-hire driver records can be synchronised into driver qualification files.
Vigillo specialises in translating data into CSA analytics and interactive dashboards to provide data-based solutions for fleet safety and business compliance in commercial transportation.
SambaSafety provides cloud-based risk management software solutions for organisations with commercial and non-commercial drivers.
Vaquero Capital LLC acted as exclusive financial advisor to Vigillo in connection with this transaction. Miller Nash Graham and Dunn LLP acted as legal counsel to Vigillo in this transaction. Kirkland and Ellis LLP acted as legal counsel to SambaSafety in this transaction.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Feb 24, 2017|
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