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Mergers & Acquisitions

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.

Hexagon to Fully Acquire Agility Fuel Solutions

Hexagon Composites ASA has signed an agreement to acquire the remaining 50% of Agility Fuel Solutions Holdings Inc. The combined business will provide clean energy solutions to a wide range of end markets around the world.

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.