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Smith System Announces Acquisition Of Driving Dynamics

PRIVATEJan 09, 2023

Acquiring Company

Smith System

Acquired Company

Driving Dynamics

ArlingtonFinanceVenture CapitalAngel InvestmentTrainingprofessional training & coaching

Description

Smith System Driver Improvement Institute, Inc. (“Smith System”), a portfolio company of Levine Leichtman Capital Partners, LLC (“LLCP”), announced today that it has acquired Driving Dynamics, Inc. (“Driving Dynamics”).

Quick answer

Smith System is acquiring Driving Dynamics, announced January 9, 2023. Smith System is based in Arlington, Texas, United States.

How much did Smith System pay for Driving Dynamics?
The deal value was not disclosed.
What does Smith System do?
Smith System is the leading provider of crash-avoidance driver training.
Where are Smith System and Driving Dynamics based?
Smith System is based in Arlington, Texas, United States.
Who are the decision-makers at Smith System?
Fundz holds 1 contact at Smith System. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Smith System

Location

Arlington, Texas, United States

About

Smith System is the leading provider of crash-avoidance driver training. We deliver behind-the-wheel instruction to tens of thousands of fleet drivers each year. We have presented our programs in 98 countries and in 22 languages around the world. Smith System's results-oriented driver safety training and education has reduced crashes and increased profits for fleets at more than half of today's Fortune 500 companies.

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Frequently asked

Who acquired Driving Dynamics?

Driving Dynamics was acquired by Smith System, based in Arlington. The deal was reported on January 9, 2023. Smith System is the leading provider of crash-avoidance driver training. We deliver behind-the-wheel instruction to tens of thousands of fleet drivers each year. Smith System is privately held and operates in Finance.

When did Smith System acquire Driving Dynamics?

Smith System's acquisition of Driving Dynamics was reported on January 9, 2023. Smith System Driver Improvement Institute, Inc. (“Smith System”), a portfolio company of Levine Leichtman Capital Partners, LLC (“LLCP”), announced today that it has acquired Driving Dynamics, Inc. (“Driving Dynamics”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Driving Dynamics do?

Instructor-led virtual training, contactless behind-the-wheel training and online learning courses for fleet drivers in North America. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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