Company Sale

Apitrak

Date: May 2021

Operation: Sold to
PARAGON ID

Sector(s): IT - TMT

Activity: Software publisher

APITRAK, specialized in cloud-based multi-technology (RFID, Wi-Fi, Bluetooth, etc.) localisation solutions for asset tracking, inventory control and personal safety applications, has merged with the listed company Paragon ID, European leader in identification solutions (eID), transport and smart cities, traceability and brand protection, and payment. Paragon ID is part of the Paragon Group (present in more than 20 countries, 9,000 employees, consolidated revenue of over €1 billion).

M&A sell-side: LINKERS (Jérôme LUIS and Benjamin LE GUILLOU, Partners).

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