We are pleased to announce that SRP Advisors, LLC initiated the transaction and acted as financial advisor to Safe Fleet in connection with the acquisition of Rear View Safety. Headquartered in Belton, MO, Safe Fleet owns a portfolio of brands that provide increased functionality and integrated solutions for fleet vehicle manufacturers and operators around the world. These brands serve five major markets including: emergency services, bus and rail, truck and trailer, utility, and industrial. Based in Brooklyn NY, Rear View Safety is one of the fastest growing providers of back up camera systems and video-based road safety solutions to government fleets, recreational vehicles, truck, trailer, commercial van, construction, emergency, bus and shuttle, agriculture and industrial vehicles. Rear View Safety’s products include: backup camera systems, wireless systems, dash cameras, mobile DVRs, driver fatigue systems and sensor technology. Rear View Safety’s headquarters and operations will remain in Brooklyn, NY and Joseph Schechter will continue leading the business.
This transaction extends the successful track record of SRP Advisors working with leading companies in the specialty vehicle components market.
|“We are delighted to welcome the Rear View Safety business into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles. The addition of Rear View Safety expands Safe Fleet’s leadership position in specialty video products for fleet vehicles in North America and one of the top suppliers worldwide.”
John R. Knox President & CEO Safe Fleet
For more information about this transaction or the merger and acquisition advisory services of SRP Advisors, LLC, please contact Sean Prendergast, Managing Partner at 818-514-8959.