About This Deal

AXON ENTERPRISE, INC. acquired Tactical Safety Responses Limited (TSR) for $3.3 million (total purchase price; $4.0 million cash at close net of $0.7 million cash acquired, plus earn-outs), a transaction completed in July 2015, structured as All-cash stock purchase (plus earn-outs).

Tactical Safety Responses Limited (TSR) is based in United Kingdom. TASER International B.V., a wholly owned subsidiary of the Company, acquired all of the outstanding capital stock of Tactical Safety Responses Limited, the Company's licensed UK distributor of TASER CEWs and Axon cameras and related accessories.

Intended to expand the Company's growth across the UK by building its in-country sales and support team.

Deal Terms

Acquirer
AXON ENTERPRISE, INC.
Target
Tactical Safety Responses Limited (TSR)
Value
$3.3 million (total purchase price; $4.0 million cash at close net of $0.7 million cash acquired, plus earn-outs)
Date
July 2015
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
United Kingdom
Structure
All-cash stock purchase (plus earn-outs)
Closed
July 16, 2015

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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