Radius Payment Solutions Limited | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

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Stephens & Williams Racing Partnership

Stephens is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.

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We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor

Radius Payment Solutions Limited

Value Not Disclosed 05/21/2021 Internet of Things Complete
Financial Sponsors
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Transaction Details

  • On May 21, 2021, Radius Payment Solutions Limited ( “Radius” or the “Company”) announced that it has completed the acquisition of Modus, a leading Insuretech business based in Huntington Beach, California
  • Acquisition supports Radius’ efforts in its globally leading range of Telematics and Connected Vehicle products which includes the telematics brands Kinesis, UK Telematics, Plant-I, CanTrack, Modus, SureTrack, CyntrX, and Key Telematics
  • Terms have not been disclosed
  • Stephens Inc. served as exclusive financial advisor to Radius

About the company

Radius Telematics
Radius Telematics encompasses telematics brands Kinesis, UK Telematics, Plant-I, CanTrack, Modus, Sure-Track, CyntrX and Key Telematics. It now tracks nearly 425,000 vehicles globally. Developed from the outset as a cloud-based service, Radius Telematics represents a new generation of vehicle telematics; simple to use, affordable and with easy access anywhere. Designed as a business tool that provides complete visibility of mobile operations; Radius Telematics products monitor vehicles, high value assets and driver performance. Through a dashboard or smartphone app, solutions offer driver performance and vehicle check reporting, messaging and real-time alerts, as well as integration with fuel management and smart speakers.

Radius Telematics is part of Radius Payment Solutions. Established nearly thirty years ago, Radius offers a wide range of products to the fleet and logistics market. From a core offering of fuel cards, telematics, telecoms and insurance services and much more.

Sources: Company filings and press release
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