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).
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.
Advisory firms were not disclosed for this transaction.