Garmin

Garmin is a leading manufacturer of GPS-enabled hardware and software, operating across five key sectors: fitness, outdoor activities, automotive, aviation, and marine. Established in 1989 and based in Schaffhausen, Switzerland, the company has delivered over 100 million products, making it a dominant player in the navigation market. Garmin is recognized for its user-friendly and high-quality products, which are designed to enhance the experience of its diverse customer base. The company licenses mapping data to support specialized hardware, catering to niche activities such as scuba diving and sailing. With a presence in 100 countries, Garmin distributes its products through various channels, including partnerships with original equipment manufacturers.

Patrick Desbois

Co-COO

Brad Trenkle

Co-COO

33 past transactions

Firstbeat Analytics

Acquisition in 2020
Firstbeat Analytics Oy is a privately-held company based in Jyvaskyla, Finland, specializing in physiological analytics and metrics for consumer devices within the health, wellness, fitness, and performance sectors. As a provider of advanced performance analytics, Firstbeat focuses on key areas such as stress, recovery, and exercise. The company emerged from the consumer licensing division of Firstbeat Technologies, aiming to enhance the understanding of individual health and performance through data-driven insights.

Flight Plan LLC

Acquisition in 2018
Flight Plan, a privately held provider of electronic flight planning, scheduling, and trip support services. FltPlan is one of the largest flight planning companies in the world, creating more than 6.3 million flight plans annually. With 19 years of experience and more than 165,000 registered users, FltPlan offers comprehensive, self-service flight management solutions as well as premium offerings ideal for Business and General Aviation operators.

EmpirBus

Acquisition in 2018
EmpirBus AB develops and markets decentralized power supply systems for the marine, recreational vehicle, and the special vehicle production. It offers master units, digital input and output modules, window wiper modules, relay modules, membrane switch panels, EmpirBus software, GSM module, and keyboard emulator PS/2. EmpirBus offers its products through distributors in Australia, Belgium, Brazil, Bulgaria, Canada, Croatia, Finland, France, Germany, Ireland, Italy, Japan, Luxemburg, Malaysia, the Netherlands, New Zealand, Norway, Poland, the Russian Federation, Slovenia, Spain, Sweden, Turkey, the United Kingdom, and the United States.

Navionics

Acquisition in 2017
Navionics SpA specializes in electronic chart solutions for maritime navigation, offering a range of products and services to customers worldwide. The company provides innovative features such as dock-to-dock autorouting, which generates detailed navigation routes, and SonarChart Live, allowing users to create real-time high-definition bathymetric maps. Its product lineup includes Navionics+, Platinum+, and various updates for marine and lake charts, as well as specific applications for outdoor activities, including skiing and biking. Navionics also supports a mobile app ecosystem that enhances user experience with features for tracking, performance measurement, and route planning. Founded in 1984 and headquartered in Massarosa, Italy, Navionics has expanded its presence internationally with offices in multiple countries. The company operates as a subsidiary of Garmin Ltd.

Alphamantis Technologies

Acquisition in 2017
Alphamantis Technologies Inc, founded in 2011 and headquartered in Montreal, Canada, specializes in developing software that enables cyclists to evaluate and optimize their drag coefficient in everyday riding conditions. The company creates aerodynamics testing technology that allows cyclists to conduct tests in real racing environments, analyzing factors such as aerodynamic efficiency related to bike positioning and accessories. By providing an alternative to costly and time-consuming wind tunnel testing, Alphamantis empowers cyclists to refine their performance based on real-world data. As of July 2017, Alphamantis operates as a subsidiary of Garmin Ltd.

ActiveCaptain

Acquisition in 2017
ActiveCaptain is a community-based, electronic marine database that contains near real-time information about marinas, anchorages, local points of interest and marine hazards — most of which is user-generated — for cruising and sailing destinations around the world.

Iiyonet

Acquisition in 2016
Iiyonet Inc. distributes communication and navigation devices. The company was founded in 2000 and is headquartered in Fujimi, Japan. As of September 30, 2016, Iiyonet Inc. operates as a subsidiary of Garmin Ltd.

DeLorme

Acquisition in 2016
DeLorme Publishing Company, Inc., founded in 1976 and based in Yarmouth, Maine, specializes in mapping software, GPS hardware, and both wireless and internet mapping applications, catering to consumer, professional, and government markets. The company offers a range of products, including the XMap software suite, which provides GIS data connectivity and tools for data collection and editing, as well as digital base maps for various applications. DeLorme's hardware includes handheld GPS devices, laptop GPS systems, and satellite communication devices capable of sending and receiving messages globally. The product lineup also features outdoor and recreational mapping solutions, such as the Earthmate App and Topo North America software, along with traditional paper maps and atlases for navigation and reference. In March 2016, DeLorme became a subsidiary of Garmin Ltd.

PulsedLight

Acquisition in 2016
PulsedLight, Inc. is an electronics company based in Bend, Oregon, that specializes in designing technology solutions for optical distance measurement sensors used in unmanned vehicles, robots, drones, and various other applications. The company offers products such as the LIDAR-Lite v2, which is a single chip processing solution that supports a range of functions from single beam distance measurement to complex 3-D imaging. PulsedLight's technology focuses on creating smaller, more efficient, and cost-effective components while maintaining high performance, which allows for significant design flexibility in applications. The company's products are distributed through various international resellers across the United States, Canada, Europe, Australia, and South Korea. Founded in 2012, PulsedLight operates as a subsidiary of Garmin International, Inc. as of January 2016.

iKubu

Acquisition in 2015
iKubu is a high-tech product development company that specializes in producing computer vision and radar systems. This requires a deep understanding of software and electronic hardware, with a strong focus on algorithm development. The company was founded in 2006 and was acquired by Garmin 10 years later.

Fusion Electronics

Acquisition in 2014
Fusion Electronics is a supplier of integrated marine audio equipment. Fusion designs integrated audio products and accessories designed for the challenging marine environment allowing boaters to connect and control their audio through select MFDs.

Nexus Marine

Acquisition in 2012
Nexus Marine is a manufacturer that specializes in designing and producing a variety of navigation instruments for both racing and cruising yachts. The company is particularly recognized for its sailing instrumentation systems, which enhance the navigation experience for sailors. In addition to its core offerings, Nexus Marine also supplies Silva marine compasses, further expanding its product range. The company's focus on quality and innovation positions it as a key player in the marine navigation equipment market.

Garmin Chile Lda.

Acquisition in 2011
Centro GPS Lda. (now known as Garmin Chile Lda.), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Chile.

Tri-Tronics

Acquisition in 2011
Tri-Tronics Inc. is the designer and manufacturer of electronic dog training equipment.

Navigon

Acquisition in 2011
NAVIGON AG is a world-leading manufacturer of high-quality navigation systems. Innovative technologies and exciting design characterise each of our products. They also produce GPS software for reputable consumer electronics manufacturers, and professional, highly flexible navigation solutions for the commercial market and the automotive OEM market. Find out all about NAVIGON here.

Belanor AS

Acquisition in 2010
Belanor AS is the distributor of its automotive, outdoor recreation, fitness and marine products in Norway.

MetriGear

Acquisition in 2010
MetriGear is a Silicon Valley-based company formed by athletes and technologists with a common desire to create solutions that change the game for improving performance at all levels of the sport.

Sportsmanship International AB

Acquisition in 2008
Sportsmanship International AB is a istributor of Garmin's consumer products in Sweden.

Navcor Oy

Acquisition in 2008
NavCor Oy, the distributor of Garmin's automotive, outdoor recreation, fitness and marine products in Finland.

Formar Electronics N.V./S.A.

Acquisition in 2008
Formar Electronics N.V./ S.A. (“Formar”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Belgium and Luxembourg.

Fairpoint Outdoors

Acquisition in 2008
Fairpoint Navigation A/S (“Fairpoint”), the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Denmark.

Garmin Italia S.p.A.

Acquisition in 2007
Synergy S.p.A. (“Synergy”), the distributor of Garmin’s consumer products in Italy.

Garmin Iberia SA

Acquisition in 2007
Garmin Iberia SA is a distributor of Garmin's consumer products in Spain.

Garmin Deutschland

Acquisition in 2007
GPS Gesellschaft für Professionelle Satellitennavigation mbH is the distributor of Garmin’s consumer products in Germany.

Nautamatic Marine Systems

Acquisition in 2007
Nautamatic Marine Systems, Inc. (“Nautamatic”), manufacturer of the TR-1 Gold and Gladiator marine autopilots. Nautamatic’s patented ShadowDrive™ technology lets boaters make manual course changes from the helm without disengaging the autopilot. TR-1 Autopilots are currently factory installed by dozens of respected boat manufacturers and are offered as an aftermarket accessory through a network of independent dealers.

Digital Cyclone

Acquisition in 2007
Digital Cyclone is a provider of weather information software that specializes in mobile applications delivering location-based weather updates. The company enhances its services through its My-Cast® website and daily email service, offering robust advertising opportunities that allow businesses to effectively target their messages to a specific audience. By combining accurate weather data with innovative mobile technology, Digital Cyclone aims to meet the needs of users seeking reliable weather information while also providing advertisers with a platform to reach potential customers.

EME Tec Sat SAS

Acquisition in 2007
EME Tec Sat SAS ("EME"), the exclusive distributor of Garmin's consumer products in France.

Dynastream Innovations

Acquisition in 2006
Dynastream Innovations specializes in the development and manufacturing of advanced wireless technology products tailored for the sports and fitness industry. The company is known for its patented inertial-based foot pod sensor, which delivers high accuracy and extended battery life compared to traditional pedometer solutions. Additionally, Dynastream produces heart rate sensors utilized by major clients, including Garmin. Both the foot pod and heart rate sensors leverage the ANT™ ultra-low power wireless interface protocol, which Dynastream invented to facilitate efficient low-power communications in fitness devices. This technology is also adaptable for various applications requiring reliable wireless connectivity.

Networks in Motion

Series C in 2006
Networks In Motion is a wireless navigation and local search company that specializes in providing location-based services for mobile partners globally. Founded in 2000 and headquartered in Orange County, California, the company has established a strong presence with offices in Europe, China, and Silicon Valley. Networks In Motion's NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The company caters to a diverse range of partners, including major telecommunications providers and local search platforms, by delivering innovative solutions for GPS-enabled mobile phones.

MotionBased Technologies

Acquisition in 2005
MotionBased Technologies is recognized for processing GPS and other data (e.g., heart rate) for performance analysis and online mapping for athletes and outdoor enthusiasts. This web-based subscription service complements Garmin's fitness and outdoor devices, such as the Forerunner 201 and 301, Edge 205 and 305, Foretrex, and eTrex. Following an outdoor activity using a Garmin GPS unit, customers connect their device to a computer and upload the data to MotionBased where they personalize and categorize each activity.

Networks in Motion

Series B in 2004
Networks In Motion is a wireless navigation and local search company that specializes in providing location-based services for mobile partners globally. Founded in 2000 and headquartered in Orange County, California, the company has established a strong presence with offices in Europe, China, and Silicon Valley. Networks In Motion's NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The company caters to a diverse range of partners, including major telecommunications providers and local search platforms, by delivering innovative solutions for GPS-enabled mobile phones.

UPS Aviation Technologies

Acquisition in 2003
UPS Aviation Technologies designs and manufactures multiple lines of communications, navigation and surveillance products for general aviation and air transport customers.
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