Sale to Danaher Corporation

Technology & Services
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:

Joel Cohen (312) 609-4924
John Moriarty (650) 858-3811
Yong-Jae Kim (312) 609-4939
Spencer Crawford (312) 609-7044
Jonathan Harrison +44 (0) 207 667 8414
Technology & Services
Sale to Danaher Corporation
Date
July 2013
Company
Teletrac, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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