BDO advised on the second recapitalization of Otodata Wireless Network Inc.

BDO’s M&A and Capital Markets team is pleased to announce the second recapitalization of Otodata Wireless Network Inc., including its Otodata and Tag Tracking businesses by Renovo Capital. 

In 2020, BDO Canada guided Otodata Wireless Network Inc. during its first recapitalization. 

Our M&A and Capital Markets team acted as exclusive financial advisors to the company’s founders, assisting them throughout the process. 

Otodata is a key player in the remote tank monitoring market, while Tag is a leading stolen vehicle tracking and recovery system company.