Origin Merchant Partners is pleased to announce that Shaw Communications Inc. (“Shaw”) has completed its sale of Shaw Tracking assets to Omnitracs, LLC (“Omnitracs”).
Origin Merchant Partners acted as exclusive financial advisor to Shaw with respect to this transaction.
Shaw Communications Inc. based in Calgary, Alberta is a leading Canadian telecommunications company providing telephone, Internet, television and wireless communication services to consumers and businesses. Shaw has over 14,000 employees and over 6.8 million subscribers.
Shaw Tracking is a leading provider of fleet management telematics solutions in Canada. The business offers satellite and wireless based tracking equipment, as well as associated data and software solutions, primarily to the Canadian transportation and logistic industries. With over 25 years of industry leadership, Shaw tracking serves over 600 customers including some of the largest Canadian transportation and logistics companies.
Omnitracs, LLC based in Dallas, Texas is a leader of fleet management, routing and predictive analytics solutions for private and for-hire fleets. The company’s software-as-a-service based solutions to help more than 12,000 private and for-hire fleet customers manage nearly 1,100,000 mobile assets in more than 70 countries.