Hamburg, 10 November 2026. A&O Shearman has advised telematics provider YellowFox GmbH, a portfolio company of Peter Möhrle Holding, on the acquisition of Peregrine Technologies GmbH, a developer of AI software for video telematics, and on the related acquisition financing. With the acquisition, YellowFox is specifically expanding its own development capabilities in artificial intelligence and strengthening its technological independence. YellowFox will also be able to deploy AI-based technologies even more comprehensively within its telematics platform.
The transaction follows a technology partnership of more than three years. During this time, YellowFox and Peregrine jointly developed an AI-based video telematics solution for professional fleet management. The technology analyses traffic situations, driving style, vehicle surroundings and vehicle interior in real time. It detects potentially dangerous situations and supports drivers with warnings. Fleet operators can thus increase safety for drivers, other road users, vehicles and transported goods; in the event of accidents, image material is also available as evidence. The Peregrine brand and its existing technology offering will be retained; nothing changes for Peregrine's customers.
The acquisition was debt-financed through acquisition credit facilities. A&O Shearman's Banking & Finance team advised YellowFox on structuring, negotiating and documenting the financing agreements and closely coordinated their implementation with the M&A process - from the financing commitment to the provision of funds for closing the transaction. Thanks to the close integration of its M&A and Banking & Finance teams, A&O Shearman was able to support the acquisition and the financing from a single source.
YellowFox was founded in 2003 and is headquartered in Kesselsdorf. The company offers cloud-based telematics solutions for fleet, asset and personnel management and supports customers across the DACH region in digitalising their mobility processes.
Peregrine was founded in Berlin in 2019 and specialises in artificial intelligence, edge computing and computer vision. The company's perception technology runs directly on the camera hardware and automatically anonymises data before traffic scenes are stored. Peregrine will continue to develop new, data-driven business areas beyond fleet and transport solutions.
Peter Möhrle Holding GmbH & Co. KG has been an investor and strategic partner of YellowFox since October 2025. The investment company of the Hamburg-based Möhrle entrepreneurial family supports medium-sized companies with market leadership potential as an active, strategic long-term investor in their strategic development.
Counsel Dr. Stefan Witte, who led the transaction, commented (quoted in substance): A&O Shearman is very pleased to have advised YellowFox on this strategic acquisition; transactions in AI and data-driven technologies require seamless interaction of M&A, IP, data law and regulatory know-how, which is exactly the integrated approach the team brings.
The A&O Shearman core team led by Counsel Dr. Stefan Witte comprised Senior Associate Johannes Schmidt and research assistant Moritz von Sass (all M&A, Hamburg). Further advice was provided by Partner Dr. Jens Matthes (IP/IT, Düsseldorf), Partner Catharina Glugla and Associate Pascal Yves Schroeder (both Data Protection, Cybersecurity and AI, Düsseldorf) and Senior Associates Dr. Benn Berger (Tax, Hamburg) and Dr. Thomas Hohe (Employment, Frankfurt). The acquisition financing was handled by a team led by Partner Dr. Wolfgang Melzer and Senior Associates Tom Haeseler (both Frankfurt) and Nils Holzgrefe (Munich, all Banking and Finance), supported by Partner Dr. Heike Weber and Associate Dr. Janka Reinhardt (both Tax, Frankfurt).
This text was automatically translated from the German original.