Bernard Cormier, Managing Director and Eastern Canada Leader, M&A and Capital Markets, Montreal
Antoine Dansereau, Vice President, M&A and Capital Markets, Montreal
Nicholas Cardone, Associate, M&A and Capital Markets, Montreal
Published: April 15, 2024
Updated: April 15, 2024
BDO’s M&A and Capital Markets team is pleased to announce the second recapitalization of Otodata and Tag Tracking by Renovo Capital.
In 2020, BDO Canada guided Otodata Wireless Network Inc. during its first recapitalization.
In 2024, our M&A and Capital Markets team acted as exclusive financial advisors to the company’s founders, assisting them throughout the second recapitalization of Otodata and Tag Tracking by Renovo Capital.
Otodata is a key player in the remote tank monitoring market, while Tag is a leading stolen vehicle tracking and recovery system company.
Congratulations to everyone involved on the completion of the transaction.