Gurgaon-based MSD Telematics Private Limited has acquired Heuristics Info Systems in an all cash deal. Sparrow Business Solutions LLP, a boutique corporate finance firm acted as an exclusive advisor to both the firms on the transaction. TRA Law acted as the legal advisor. Expected to fuel MSD’ ability to deliver greater value to its customers by enabling the company to offer complete bouquet of services according to Ashmeet Singh, Founder, MSD Telematics, Heuristics, founded in 2008, offers vehicle tracking system and mobile application software. MSD, in comparison, is a company that offers telematics solutions. On of the two Heuristics founders, Amit Dubey will join MSD Telematics as a board advisor.

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