AddSecure, a leading European provider of secure IoT connectivity and end-to-end solutions, today announced that it will acquire Clifford Group, a leading multi-brand telematics company providing certified, advanced mobile security and connected mobility solutions in the Benelux.
Through the acquisition, AddSecure enters new IoT verticals, combining connected mobility and mobile security solutions, and establishes a new business unit, Smart Mobility. This further strengthens AddSecure’s position as a leading provider of IoT connectivity and end-to-end solutions in Europe, helping new and existing customers to manage their mobile assets.
“AddSecure will leverage Clifford’s market-leading mobile security and connected mobility expertise and platforms not only for continued growth in the Benelux market, but also for expansion into new markets as well as into adjacent non-automotive verticals. Furthermore, the deal will also create cross-sell opportunities,” says Stefan Albertsson, CEO of AddSecure.
“We’re pleased to have found a good home in AddSecure and see significant opportunities for further growth and development as part of an expansive European provider of IoT and telematics solutions. I am excited to continue leading our growth journey and head the new business unit, Smart Mobility”, says Huibjan Braafhart, CEO of Clifford Group.
Huibjan Braafhart will be part of AddSecure’s Corporate Management Team and report directly to CEO Stefan Albertsson.