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).

Sell-side advisor: LINKERS (Jérôme LUIS, Partner).

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