Cadec Global LLC, a newly formed, private equity-backed company, has completed the acquisition of Cadec Corp, provider of Mobile Information Systems for
April 1, 2006
Cadec Global LLC, a newly formed, private equity-backed company, has completed the acquisition of Cadec Corp, provider of Mobile Information Systems for the transportation industry. Cadec Global will leverage the existing Cadec Corp business to provide a comprehensive suite of products for the fleet management industry. The “new” Cadec will continue to refine its product offerings while developing new systems.
Cadec Global was formed by two professional investment firms, Brú Venture Capital and Connemara Capital Co LLC, in January 2006. The acquisition will combine Cadec Global's financial and strategic assets with Cadec Corp's core strength of almost three decades of experience as a transportation-technology company, with an active installed base of more than 80,000.
Voice your opinion!
To join the conversation, and become an exclusive member of FleetOwner, create an account today!
Commercial Meat Company in Pico Rivera, California, joins Georgia-based foodservice distributor cooperative, which is comprised of more than 475 companies.
The company’s Garfield location now is its first certified customs-bonded cold storage warehouse in Washington, helping customers navigate the complexity of global trade.
Sunswap’s zer0-emission transport refrigeration units with batteries and roof-mounted solar panels are expected to help Tesco meet its sustainability goals.