Harbour Group acquires SpotSee Holdings
10/03/2020
Jeff Fox, Harbour Group’s Chair and CEO, has announced that SpotSee Holdings and its subsidiaries are now part of the Harbour Group family of companies. Terms of the transaction have not been disclosed.SpotSee develops and manufactures shock, vibration, temperature and other environmental condition monitoring solutions for in-transit, in-plant and in-storage applications. The company offers a broad portfolio of branded products, including indicator devices, radio-frequency identification (RFID), Bluetooth, satellite and cellular-connected devices that provide real-time tracking, monitoring and reporting capabilities. The company is headquartered in Dallas, Texas, USA.
“We are excited to welcome SpotSee to the Harbour Group family,” said Jeff. “SpotSee offers a well-recognised and respected brand of products uniquely positioned to serve customers across diverse end-markets. In a world where connectivity is in high demand, we are eager to support the SpotSee team as they continue to innovate and launch new products into a growing market. We intend to invest in new product development, new markets and complementary acquisitions.”
Tony Fonk, CEO and President of SpotSee, added: “We are excited and look forward to joining the Harbour Group family. With a strong reputation for operational excellence, Harbour Group is uniquely positioned to assist in our efforts to grow the business. We believe this partnership will accelerate our new product development and continue to build a strong brand in growing markets.”
