CapitalInvest announces the successful closing of the transaction in which Vodafone Romania acquired 100% of EVOTracking shares.

CapitalInvest announces the successful closing of the transaction in which Vodafone Romania acquired 100% of EVOTracking shares.
Established in 2009, EVOTracking is specialised in the implementation of advanced telematics solutions, being one of the most important players on the local Fleet Management Systems market. The company’s portfolio has more than 40 fleet-management products which allow real-time tracking of mobile assets, fuel consumption, driver behavior as well as other telematics solutions directed to companies, irrespective of their size.

Vodafone Romania offers IoT solutions since 2003 for companies in industries such as retail, auto, logistics, utilities, etc. The IoT services portfolio addresses an extended range of needs, from basic fleet management to telemetry, remoted management of distribution equipment, security and surveillance services for residential and office buildings.
CapitalInvest was the advisor to the Sellers.
CapitalInvest is an investment banking boutique whose shareholders and managers are some of the most experienced advisers in Romania. CapitalInvest Partners were involved in more than 50 successfully closed transactions with a cumulated value in excess of €2bn.
București, Aprilie 2018
www.capitalinvest.ro