Contact

Investment in SaaS for Transportation. GMV completes the purchase of Syncromatics.


, , , , , , , ,
Integral service around a transaction
BY : Diego GutiérrezMarch Mon, 2018

We review the largest investment rounds of companies specialising in the development of SaaS solutions for the Transport sector. We also analyse the purchase of Syncromatics by the Spanish multinational GMV.

Get in touch with our experts.

We review the largest investment rounds of companies specialising in the development of SaaS solutions for the Transport sector. We also analyse the purchase of Syncromatics by the Spanish multinational GMV.

About GMV

GMV is a Spanish multinational specialised in the development of technological solutions for public administration and large companies in the aerospace, banking and finance, defence, health, security, transport, automotive, telecommunications and information technology sectors.

The company, founded in 1984 and based in Madrid, is controlled by the family of founder Juan José Martínez. The management has a minority stake, and the Martínez family has no interest in selling its share in the group for the time being.

The Spanish multinational generated a turnover of €141M in 2016, 14% higher than in 2015, and expects moderate growth in the figures it will unveil in 2017.

GMV is interested in making acquisitions to enter new markets, regions or countries and increase its presence in some of the sectors in which it operates, as part of the international expansion strategy in which it has been immersed for years.

 

About Syncromatics

Syncromaticsbased in Los Angeles (USA), is a company dedicated to providing SaaS (Software as a Service) solutions for the intelligent public transport systems market.

The American company provides its services to more than 130 public transport operators and authorities in 26 EU states.

Among its most recent and prominent clients are the City of Los Angeles Department of Transportation (LADOT), the Los Angeles Metropolitan Transportation Authority (LA METRO), MV Transportation, the County of Ventura in the State of California, the Victor Valley Transit Association in California, and the City of Maui in Hawaii, among others.

CORPORATE FINANCE EXPERTS

GMV completes purchase of Syncromatics

The Spanish technology multinational GMV has completed the purchase of 100% of the capital of the US company Syncromatics.

GMV was the majority shareholder of Syncromatics since September 2015, when it acquired the American company's 71%, as we analysed in our post "Investment analysis of the Spanish technology multinational GMV".

As part of GMV's strategy of international expansion and growth, which it has been pursuing for several years now, the USA has been a priority. GMV already had a subsidiary in that country since 2004 and had identified a major growth opportunity in the expanding market for intelligent public transport systems. In this context, Syncromatics offers GMV an excellent base for accelerated growth in the US, and allows the exploitation of very important synergies in the future that will multiply the growth of the company and the creation of value for GMV in the US and abroad.

Since the Spanish multinational completed the first phase of the acquisition in 2015, Syncromatics has tripled in size, even making new acquisitions, such as that of the technology company Mobilitat Works Inc. in 2016, which specialises in providing solutions in the North American market for Intelligent Systems for on-demand public transport. This operation also allowed GMV to complete the portfolio of its technological offer for public transport operators in the US, with a management solution for both fixed-line operators and those with on-demand transport services or Paratransit.

 

Analysis of investment in SaaS for Transports

 

CompanyDescriptionCountryAmountDate
StoriqaStoriqa is a blockchain-powered marketplace that allows small businesses to sell their products worldwide in as little as one hour.Hong Kong$25M2018
WibsonWibson has developed a decentralised data marketplace, based on blockchain technology, which will allow any user to manage their personal information and earn revenue in exchange for their data. USA$16M2018
CanYaCanYa is a blockchain-based marketplace app that helps its users to outsource local and digital services.Australia$12M2017
ATN.ioATN.io is a marketplace API where developers, suppliers and buyers can access and develop Artificial Intelligence in a trusted collaborative environment.China$10M2018
ViberateViberate is a music ecosystem and blockchain-based marketplace where musicians are matched with agencies and event organisers.Slovenia$10M2017

Other posts that may interest you

Investment in Supply Chain Software. Relex acquires Forecast.

Fleet Management investment analysis. Verizon acquires Movildata.

Investment analysis of the Spanish technology multinational GMV

Yes you want to look for investors, buying a company or sell your company, contact our experts in Corporate Finance.

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
closearrow-circle-o-downchevron-downcrossmenu