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Barclays, Centerview Partners: Advisory on Powerfleet’s $200m Acquisition of OTPP-backed Fleet Complete

Barclays and Centerview Partners have taken pivotal roles as financial advisors in Powerfleet’s strategic acquisition of Fleet Complete, a deal valued at $200 million.

Barclays HQ Office in Canary Wharf. PHOTO: Shutterstock
Barclays HQ Office in Canary Wharf. PHOTO: Shutterstock

This acquisition is poised to create a formidable entity in the AIoT SaaS sector, with combined revenues expected to surpass $400 million, including more than $300 million from high-margin recurring SaaS revenue.

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