ParkerGale Capital LP-backed One Plus Corp. acquired sensor technology company SmartBin for an undisclosed amount. The PE firm invested in One Plus in December 2015.
SmartBin based in Dublin, Ireland, and founded in 2015, makes sensor technology that is used to monitor fill levels for waste and recycling management. Its software is also used by collectors to plan their routes. The target serves more than 100 customers in 25 countries. “SmartBin’s technology perfectly complements our own and will enable One Plus to service smaller waste receptacles likes bins, dumpsters and liquid containers,” says One Plus CEO Klaus Voss.