MANAGING PUBLIC SECTOR VEHICLES & EQUIPMENT
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Mergers & Acquisitions

Alamo Group will purchase Morbark, a manufacturer of equipment and parts for the forestry, recycling, tree care, sawmill, land clearing, and biomass markets, for $352 million.

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CalAmp Acquires Synovia for $50M

CalAmp has acquired Synovia Solutions from a private investment firm for $50 million as the Irvine, Calif.-based telematics hardware provider continues to expand into subscription services.

Geotab to Acquire BSM Technologies

Geotab has signed an agreement to acquire BSM Technologies. BSM provides telematics to more than 165,000 vehicles in Canada and the United States.

Bobit Business Media Sold to Gemspring Capital

Bobit Business Media has been acquired by Gemspring Capital, a middle-market private equity firm. Bobit, which bought HDT in 2012, was founded by Ed Bobit in 1961 with Automotive Fleet and today is a successful business-to-business media company in the fleet, transportation, beauty, and law enforcement industries.

Geotab Acquires EV Telematics Company

Geotab has acquired FleetCarma, a Canadian telematics company that specializes in the management of electrified vehicles, the telematics provider announced at its Geotab Connect conference in Toronto today.