Complete Innovations, a provider of fleet telematics and mobile workforce technology, has received an investment from funds managed by Madison Dearborn Partners, LLC. The investment, which is the second institutional financing since Complete Innovations’ inception in 2000, provides liquidity to shareholders of Complete Innovations, including its prior institutional investor, Symmetric Capital, and additional capital to further accelerate the company’s growth. As part of the investment, certain representatives of Madison Dearborn Partners have joined the Board of Directors of Complete Innovations. Evercore acted as exclusive financial advisor to Complete Innovations.
Choate, Hall & Stewart LLP acted as US counsel to Complete Innovations with a team including Brian Lenihan and Rees Hawkins (corporate and M&A) and Tim Becker (tax).
Dentons Canada LLP acted as Canadian counsel to Complete Innovations with a team including Andrea Johnson, Rob Davis and Aniss Amdiss (corporate and M&A); Tom Reaume (intellectual property); Catherine Coulter (employment) and Joel Nitikman (tax).
Kirkland & Ellis LLP acted as US counsel to Madison Dearborn with a team including Jeffrey Richards, Steve Toth and Megan Riley (corporate) and William Welke and Joel Peters-Fransen (tax).
Osler, Hoskin & Harcourt LLP acted as Canadian counsel to Madison Dearborn Partners with a team including Geoff Taber, Craig Wright and Laura Webb (corporate) and Mark Brender and Alain Fournier (tax).