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Mergers & Acquisitions

Omnitracs is buying SmartDrive, a move the companies say will create a converged, end-to-end platform that optimizes safety, driver productivity, and workflow, as well as routing, dispatch, and compliance.

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Lordstown Motors Corp. to List on NASDAQ

Lordstown will list on NASDAQ through a merger with DiamondPeak Holdings Corp. The EV maker has received more than 27,000 pre-orders for its Endurance electric pickup, primarily from commercial fleet customers.

BendPak Acquires Assets from Garage Equipment Supply

BendPak Holdings LLC, a wholly owned subsidiary of BendPak, Inc., acquired certain assets, including related intellectual property rights, from Garage Equipment Supply, Inc. and its related intellectual property holding company.

Omnitracs Acquires VisTracks

This acquisition builds on the Omnitracs One platform vision and further enhances the company’s device agnostic hardware and OEM strategy.

Neste Acquires Mahoney Environmental

Neste, one of the world’s leading producers of renewable fuels, has announced the closing of its acquisition of its largest single investment in the U.S. to date.

Power Test Acquires Dynomite Dynamometer

Power Test Inc, a dynamometer and test system manufacturer located in Sussex, Wis., acquired the assets of DynoMite Dynamometer, a 44-year-old business located in Manchester, N.H. 

Command Alkon Acquired by Thoma Bravo

Once completed, the acquisition by Thoma Bravo is expected to speed the execution of Command Alkon’s strategy to integrate inter-company supply chain operations in heavy construction via CONNEX, the company’s many-to-many technology platform.