Clarience Technologies, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Clarience Technologies, LLC - overview
Established
1955
Location
Southfield, MI, US
Primary Industry
Electronics
About
Clarience Technologies, LLC specializes in offering a portfolio of safety, visibility and digital technologies and solutions for transportation. Clarience Technologies, LLC was founded in 2020 and operates in the US. The company provides fleet‑management technologies. In December 2019, Genstar Capital Partners acquired Truck-Lite Co.
, LLC from BDT Capital Partners and Koch Equity Development. Clarience Technologies, offering safety lighting systems, signal lighting, wiring harnesses, mirrors, filtration products, EV‑safety solutions, smart transportation technologies, and fleet‑data platforms. The company also develops connected solutions such as smart trailer monitoring and IoT‑driven fleet‑management tools. The company generates revenue through direct sales of its products, primarily engaging with commercial trucking firms, waste management companies, and military organizations.
Its pricing strategy reflects the premium nature of its offerings, with clients typically making bulk purchases that align with their operational needs. Clarience Technologies aims to expand its product line with new LED lighting solutions set to launch in the coming years. The company is also targeting growth in international markets, specifically in Europe and Asia, by 2025. The recent funding of USD 1000.
00 mn will be allocated towards these product developments and market expansion initiatives, supporting its strategic objectives.
Current Investors
Genstar Capital Partners
Primary Industry
Electronics
Sub Industries
Automobiles, Other Vehicles & Parts, Electronic Components
Website
https://clariencetechnologies.com
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Clarience Technologies, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ranger Design Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | Safe Fleet Acquisition Corp. | - | ||||||||
| Add-on | Completed | Pressure Systems International, Inc. | - | ||||||||
| Add-on | Completed | Fleetilla, LLC | - | ||||||||
| Add-on | Completed | LED Technologies Pty. Ltd. | - |
Displaying 1 - 5 of 10
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.