Mergers & Acquisitions

Safe Fleet Acquired by Clarience Technologies

6080 Safe Fleet NT

M&A Engagement Overview

Industry Group: Transportation & Logistics; Industrials
Areas of Focus: Transportation Equipment, Industrial Technology

Harris Williams advised Safe Fleet, a portfolio company of Oak Hill Capital, on their sale to Clarience Technologies, a portfolio company of Genstar Capital.

Safety is a massive global market underpinned by key secular tailwinds that are expected to drive future growth, including growing public safety spending and vehicle electrification. Safe Fleet experienced a pivotal transformation in partnership with Oak Hill, and we look forward to seeing what Safe Fleet accomplishes with Clarience in their next chapter.

Safe Fleet is a leading provider of safety solutions for fleet vehicles.

Under Oak Hill’s ownership, Safe Fleet grew into a market-leading platform with a product portfolio that includes technology-enabled solutions for fleet video and evidence management, collision prevention, violation detection and trailer temperature control, cargo storage systems, and several other safety solutions.

This combination will allow Safe Fleet to leverage Clarience’s global platform, resources, and experience to continue executing on their mission of saving lives, preventing injuries, and making fleets more productive.

Contact the Harris Williams Transportation & Logistics Group or Industrials Group to learn more about this transaction.