Company acquisitions in the Fleet Management industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 2 acquisitions that took place in the Fleet Management industry.
Acquisition amount:
$69,000,000
Announcement:
27 February 2022
To make cars safer and more affordable for everyone, The Floow develops the most cutting-edge and affordable telematic systems in the world.
Headquarter:
Sheffield, Sheffield, United Kingdom
Where to find them:
Website
Industry:
Automotive, Fleet Management, Information Technology
Otonomo is a cloud-based technology that links millions of automobiles to automakers, drivers, and service providers.
Headquarter:
Herzliya, Tel Aviv, Israel
Where to find them:
Website
Acquisition amount:
$4,000,000
Announcement:
21 April 2022
The automated last-mile fleet management ecosystem of Foxtrot Systems is dedicated to enabling the supply chain of the future.
Headquarter:
San Francisco, California, United States
Where to find them:
Website
Industry:
Delivery, Enterprise Software, Fleet Management, Last Mile Transportation, Logistics, Software, Supply Chain Management
Descartes is the industry pioneer in on-demand, software-as-a-service solutions with a productivity improvement focus.
Headquarter:
Waterloo, Ontario, Canada
Where to find them:
Website
BitsForDigits and Uncapped have partnered to offer startup acquirers fast, tailored and flexible access to capital to fund acquisitions.