Garmin

Garmin is a leading manufacturer of GPS-enabled hardware and software, recognized for its expertise across various sectors, including aviation, marine, automotive, outdoor, and fitness markets. As the world's first GPS navigation company, Garmin combines innovative designs with high-quality craftsmanship to deliver reliable user experiences. The company’s product range includes devices tailored for specialized activities, such as scuba diving and sailing, supported by licensed mapping data. Operating in 100 countries, Garmin distributes its products through a network of distributors and partnerships with original equipment manufacturers. Additionally, Garmin provides customer support and resources through its dedicated support center and official store, enhancing the overall customer experience.

Patrick Desbois

COO, Operations

Brad Trenkle

Co-COO

37 past transactions

Lumishore

Acquisition in 2024
Lumishore is a manufacturer specializing in LED underwater lighting for various marine vessels, from small tenders to large superyachts. The company designs and builds integrated lighting systems, ensuring high performance and reliability. They adhere to international standards, guaranteeing consistent, long-lasting results for their clients.

JL Audio

Acquisition in 2023
JL Audio is a privately-held company based in the United States that specializes in high-performance audio systems for the home, mobile, powersports, and marine markets. The company is committed to delivering superior quality and unique engineering, believing that exceptional audio has significant value and that customers can discern the difference. With a workforce passionate about audio, including former retailers, IASCA World Champions, installers, and seasoned engineers, JL Audio emphasizes craftsmanship and attention to detail in its products. Many of their premium loudspeakers and subwoofer drivers are manufactured in-house in the U.S., utilizing proprietary technologies and unique assembly techniques to maintain high quality standards. The company's dedication to audio excellence is reflected not only in its product offerings but also in the enthusiasm of its employees, who are deeply invested in the pursuit of great sound.

Vesper Marine

Acquisition in 2022
Vesper Marine Ltd. specializes in designing and manufacturing marine safety products tailored for the automatic identification system (AIS) and marine electronics sector. The company offers a diverse range of products including WatchMate transponders, receivers, displays, GPS sensors, and AIS/VHF antenna splitters. Vesper Marine's innovative Cortex system integrates a VHF radio with smartAIS transponder technology, enhancing vessel monitoring and collision avoidance. This system features built-in alarms to notify mariners of potential hazards such as collisions, dragging anchors, or man-overboard situations. The company serves a broad clientele, including sailing vessels, power boats, small workboats, charter boats, and public service operations. Vesper Marine distributes its products through a network of partners in multiple countries, ensuring a wide reach in the marine industry. Founded in 2007, Vesper Marine is headquartered in Auckland, New Zealand, with an additional office in the United States.

AeroData

Acquisition in 2021
AeroData is a provider of software-based performance solutions utilized by commercial air carriers and business aircraft operators worldwide.

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.

AIM Technology

Funding Round in 2020
AIM Technology specializes in the design, development, and integration of vehicle systems and peripheral products. The company works closely with clients to meet diverse automotive needs, ranging from system architecture to component integration. Its services support both functional and performance requirements across various vehicle platforms. AIM Technology’s approach ensures compatibility and reliability in vehicle system operations. The company serves automotive manufacturers and related industries seeking tailored engineering solutions.

Flight Plan

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 specializes in the development and marketing of decentralized power supply systems tailored for the marine, recreational vehicle, and special vehicle sectors. The company provides a range of products, including master units, digital input and output modules, window wiper modules, relay modules, and membrane switch panels. Additionally, EmpirBus offers complementary software and various electrical installation components. Its products are distributed through a network of partners across numerous countries, including Australia, Canada, Germany, Japan, and the United States, among others. This broad distribution allows EmpirBus to serve a diverse clientele in multiple markets effectively.

Navionics

Acquisition in 2017
Navionics is a company focused on developing marine navigation applications and charts. It offers a range of products designed to support navigation, including GPS plotter charts, mobile applications for boating, skiing, and fishing, as well as features like dock-to-dock auto-routing and sonar charts. By providing these tools, Navionics aims to enhance navigation experiences for users in the marine industry, ensuring they have access to a diverse selection of navigation solutions at competitive prices.

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 operates a community-driven electronic marine database that offers near real-time information on marinas, anchorages, local points of interest, and marine hazards for cruising and sailing destinations globally. The platform primarily relies on user-generated content, allowing boaters to share valuable insights and experiences. This collaborative approach enhances navigation and safety for users in various marine environments. ActiveCaptain's comprehensive database serves as a crucial resource for both novice and experienced boaters, facilitating informed decision-making while enhancing the overall boating experience.

Iiyonet

Acquisition in 2016
Iiyonet Inc. is a distributor of communication and navigation devices, primarily focusing on GPS navigation systems. Founded in 2000 and headquartered in Fujimi, Japan, the company acts as a key distributor of Garmin's consumer products within the country. Iiyonet imports and sells its products to various sectors, including government agencies, universities, and major retail outlets such as national outdoor shops and Tokyu Hands. As of 2016, Iiyonet operates as a subsidiary of Garmin Ltd.

DeLorme

Acquisition in 2016
DeLorme is a company that specializes in mapping software, GPS hardware, and related services for consumer, professional, and government markets. Founded in 1976 and based in Yarmouth, Maine, DeLorme offers a range of products including the XMap 7 Enterprise Suite, which facilitates information transfer between GIS administrators and field personnel, as well as GPS data collection tools tailored for GIS mapping professionals. The company's product lineup features handheld GPS devices, laptop GPS systems, and accessories, alongside two-way satellite communication systems that enable users to send and receive text messages globally. Additionally, DeLorme provides digital base maps, paper atlases, and recreational mapping software such as Street Atlas USA PLUS and Topo North America, catering to travel planning and navigation needs.

PulsedLight

Acquisition in 2016
PulsedLight, Inc. is an electronics company that specializes in designing optical distance measurement sensors for various applications, including unmanned vehicles, robots, and drones. The company offers products like the LIDAR-Lite v2, which serves as a single chip processing solution capable of handling tasks from single beam distance measurement to complex 3-D imaging. PulsedLight's technology enables the use of smaller, more cost-effective components while maintaining competitive performance, allowing for greater design flexibility at reduced costs. Founded in 2012 and based in Bend, Oregon, PulsedLight distributes its products through a network of international resellers across regions such as the United States, Canada, Europe, Australia, and South Korea.

iKubu

Acquisition in 2015
iKubu is a high-tech product development company founded in 2006, specializing in computer vision and radar systems. The company focuses on creating low-energy bike radar systems that enhance situational awareness for cyclists by providing real-time information about the speed and distance of approaching vehicles from behind. This innovation allows cyclists to ride safely in various conditions. In 2016, iKubu was acquired by Garmin, further integrating its advanced technology into broader applications. The company's expertise lies in algorithm development, requiring a comprehensive understanding of both software and electronic hardware.

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 focused on enhancing athletic performance through innovative technology. It specializes in the development and manufacturing of power meters designed for cyclists, which accurately measure the force exerted on the pedals. Founded by a team of athletes and technologists, MetriGear aims to provide solutions that improve performance across various levels of 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 Navigation A/S

Acquisition in 2008
Fairpoint Navigation A/S is a distributor of Garmin products in Denmark, specializing in automotive, outdoor recreation, fitness, and marine sectors. In addition to its role as a distributor, the company develops and manufactures sport fishing equipment, catering to customers across Europe. Fairpoint offers a diverse range of sports fishing tackle through its various brands, focusing on delivering tailored products to meet the specific needs of its clientele.

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
Garmin Deutschland operates through GPS Gesellschaft für Professionelle Satellitennavigation mbH, which serves as the distributor of Garmin's consumer products in Germany. The company specializes in providing a range of navigation devices, including mobile navigation systems, communication tools, and information applications. By offering high-quality navigation and communication solutions, Garmin Deutschland aims to cater to the needs of its clients, ensuring reliable and efficient navigation experiences across various sectors.

Nautamatic Marine Systems

Acquisition in 2007
Nautamatic Marine Systems, Inc. specializes in the manufacturing of advanced marine navigation devices, particularly known for their TR-1 Gold and Gladiator autopilots. The company’s innovative ShadowDrive™ technology enables boaters to make manual course adjustments from the helm without needing to disengage the autopilot, enhancing both convenience and safety. Nautamatic's autopilots are widely recognized and are factory-installed by numerous reputable boat manufacturers, while also being available as aftermarket accessories through an extensive network of independent dealers. Their products cater to a range of vessels, including yachts, trawlers, and sportfisher boats, offering users enhanced maneuverability and control.

Digital Cyclone

Acquisition in 2007
Digital Cyclone is a provider of weather information software that specializes in mobile applications designed to deliver location-based weather information. The company's software solutions enable users to access real-time weather data tailored to their specific geographic locations, enhancing decision-making for various activities and industries. By focusing on mobile technology, Digital Cyclone aims to make accurate and timely weather information easily accessible to users, fostering better preparedness and responsiveness to changing weather conditions.

EME Tec Sat SAS

Acquisition in 2007
EME Tec Sat SAS is a distributor and maker of consumer electronics products like GPS navigation and wearable technology to various markets.

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 prominent wireless navigation and local search company that specializes in providing location-based services for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in the EU, China, and Silicon Valley, the company supports major mobile partners worldwide, including Verizon Wireless, AAA, AT&T, and others. Its NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The platform delivers a comprehensive range of location-centric information, such as local directories, maps, turn-by-turn voice-prompted directions, traffic alerts, weather updates, gas prices, and entertainment schedules. This extensive offering enables users to access valuable information tailored to their specific locations, enhancing their mobile experience.

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 prominent wireless navigation and local search company that specializes in providing location-based services for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in the EU, China, and Silicon Valley, the company supports major mobile partners worldwide, including Verizon Wireless, AAA, AT&T, and others. Its NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The platform delivers a comprehensive range of location-centric information, such as local directories, maps, turn-by-turn voice-prompted directions, traffic alerts, weather updates, gas prices, and entertainment schedules. This extensive offering enables users to access valuable information tailored to their specific locations, enhancing their mobile experience.

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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