2 Acquisitions in the Fleet Management industry - Flippa
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.
Foxtrot Systems acquired by Descartes Systems Group
Details about the transaction:
Acquisition amount: $4,000,000
Announcement: 21 April 2022
Details about the company:
The automated last-mile fleet management ecosystem of Foxtrot Systems is dedicated to enabling the supply chain of the future.
Headquarter:
Where to find them: Website
Industry: Delivery, Enterprise Software, Fleet Management, Last Mile Transportation, Logistics, Software, Supply Chain Management
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
The Floow acquired by Otonomo
Details about the transaction:
Acquisition amount: $69,000,000
Announcement: 27 February 2022
Details about the company:
To make cars safer and more affordable for everyone, The Floow develops the most cutting-edge and affordable telematic systems in the world.
Headquarter:
Where to find them: Website
Industry: Automotive, Fleet Management, Information Technology
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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