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Mergers & Acquisitions

Meritor to Acquire AxleTech

Meritor, Inc. has entered into an agreement with an affiliate of The Carlyle Group, under which Meritor will acquire AxleTech for approximately $175 million in cash.

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.

Big Tex Trailer World Acquires Truckfitters

Big Tex Trailer World, a professional grade trailer retailer, announced the acquisition of Truckfitters, a provider of truck upfitting products and service in Texas.

ZF Acquires Wabco

ZF and Wabco say their merger will create a leading global integrated systems provider for commercial vehicle technology.

Icahn Completes Acquisition of RPM Automotive

Icahn Automotive Group, which owns and operates leading auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care, has completed its acquisition of RPM Automotive.