Clever Devices recapitalized by BBH Capital Partners
Clever Devices designs innovative technology solutions for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail. Their solutions enhance mobility and help meet the public transportation challenges of communities around the world.
Clever Devices delivers scalable and modular Intelligent Transportation Systems (ITS), providing benefits to transit system operators and the riding public. Clever Devices has locations in the United States, Canada, Brazil and Italy and services the largest transit agencies in the world providing cutting-edge solutions that help transit agencies work smarter, safer and more efficiently.
Brown Brothers Harriman Capital Partners (BBHCP) is a private equity strategy that provides highly customized, one-stop capital solutions to lower middle‐market companies. They currently have committed capital of approximately $1.1 billion that is available to be invested.
BBHCP invests between $10 million and $125 million in businesses with enterprise values of $10 million to $500 million and can invest substantially more by partnering with strategic co-investors or through co-investments from their limited partners. They focus on investments in the healthcare, technology, media and telecommunications, and business products and services industries, supporting a range of transactions, from buyouts and growth equity to recapitalizations and acquisitions.
Carriage Hill can help you make the right decisions throughout the entire capitalization process, from examination to exploration and execution.