Travers Smith LLP has advised long-standing client Horizon Capital and other selling shareholders on the sale of Connexas Group, a leading provider of connected vehicle technology and fleet management solutions throughout the UK, EU, North America and Australia, to AddSecure.
With end-to-end technology solutions spanning full journey and delivery management, high definition camera systems and driving performance applications, Connexas aims to empower fleets to become smarter, safer and more efficient. The group includes Isotrak, Verilocation and Alcolock.
The Travers Smith team was led by Private Equity and Financial Sponsors Partner Will Yates and Associates Alex Watt and Evander Obi. The team included Tax Partner Russell Warren and Associate Aimee Hutchinson and Finance Partner Donald Lowe and Senior Associate Fiona Swords.