Deal Details
Sale to Danaher Corporation
Summary
Baird served as financial advisor to Teletrac
About
Teletrac, Inc. (“Teletrac”), a portfolio company of Vector Capital, was recently acquired by Danaher Corporation (“Danaher”) (NYSE: DHR). Terms of the transaction were not disclosed.Teletrac provides a comprehensive cloud-based software as a service (“SaaS”) platform to fleet operators. Teletrac’s global network tracks more than 200,000 vehicles across 87 countries allowing fleet owners and managers to drive operational efficiency across their fleets. Teletrac is based in Garden Grove, California.
Vector Capital, founded in 1997, is a private equity firm focused on investing in established technology businesses, both public and private. Vector Capital currently manages over $2 billion in equity capital. Vector Capital is headquartered in San Francisco, California.
For additional information about this transaction, please contact:
- Date
- July 2013
- Company
- Teletrac, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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