AddSecure Group-Clifford Group deal nominated for Dutch M&A Awards in Best Deal Mid-Market category
The prestigious recognition not only highlights the success and impact of the transaction, but also demonstrates that AddSecure executes successful deals that create value for stakeholders and customers alike.
On September 18, 2023, AddSecure Group, a leading European provider of secure IoT connectivity and end-to-end solutions, acquired Clifford Group, a leading multi-brand telematics company in the Benelux, to strengthen their market position and expand their service offerings.
Now the AddSecure Group - Clifford Group deal has been nominated for the Dutch M&A Awards in the category Best Deal Mid-Market. This prestigious recognition highlights the success and impact of the transaction, which has been selected by the M&A Awards jury from a longlist of submitted deals.
"We are proud to see our recent investment activities recognized with a nomination for the Dutch M&A Awards. This nomination reflects the dedication and expertise of our team in executing successful deals that create value for our stakeholders and customers," says Stefan Albertsson, CEO of AddSecure.
"This nomination is much appreciated and confirms our commitment to increase value for all stakeholders and driving growth through strategic partnerships," says Huibjan Braafhart, CEO of Clifford Group.
Clifford Group was a portfolio company of NewPort Capital that has supported the management team with their growth journey over the last 5 years.
The M&A Awards celebrate excellence in mergers and acquisitions, recognizing outstanding achievements in various categories. The Best Deal Mid-Market category specifically acknowledges deals that demonstrate exceptional performance and strategic significance within the mid-market segment.
The winners will be announced during the M&A Awards Show, taking place at the Beurs van Berlage in Amsterdam, the Netherlands on Thursday, December 14.
For more information about the M&A Awards and the nominated deals, please visit MAawards.nl.
For more information, please contact:
Kristina Grandin, Director Corporate and Marketing Communications, AddSecure
Mobile: +46 70 689 52 08, kristina.grandin@addsecure.com
About Clifford Group
Clifford Group is a leading multi-brand telematics company providing certified, advanced mobile security and connected mobility solutions in the Benelux. Clifford has a strong position as a Stolen Vehicle Recovery Service provider for both the automotive and non-automotive sectors, supporting best-in-class telematics infrastructure solutions focused on preventing theft and recovery of stolen vehicles and mobile objects. Clifford Group using the Clifford and Faringwell labels mainly focuses on premium automotive brands in the Benelux through the car importer & car dealer channels and the universal installer network. The company plays a pivotal role in this industry infrastructure as an unparalleled interface between installers, car importers, telematics service providers, dealers, OEMs, and end-consumers. In addition to these mobile security solutions, Clifford Group offers connected mobility solutions under the Traxgo brand focused on enabling fleet managers to optimize the efficiency in operating their fleet and safeguarding the value of their mobile assets. Supported by an inhouse experienced R&D team, the reliable and scalable Traxgo platform with optional planning interface allows for tailor made solutions which over years attracted many large and medium sized fleets, rental and leasing companies and all other sorts of fleets.
About AddSecure
AddSecure is a leading European provider of secure IoT connectivity and end-to-end solutions. We help customers optimize their operations, drive business value, and secure vital functions.
By combining connected, data-driven, and sensor-based solutions with best-in-class expertise, we meet our customers’ needs regardless of industry. We provide both managed services and connect any device in need of secure communications and data transfer. Imagination is the only limit.
Our secure IoT solutions are used within the areas of buildings, alarms, transportation and logistics, personal safety and security, health care, construction, municipalities, schools, rescue services, power grids, and more.
AddSecure’s headquarters is in Stockholm, Sweden. Our main market is Europe, yet we serve customers worldwide. With over 1,000 employees, we help make the world safer, smarter, and more sustainable.
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