Powerfleet Acquires Fleet Complete

Cox Automotive Acquires FleetNet America

February 28, 2023

Transportation

Cox Automotive has acquired FleetNet America from ArcBest, combining Cox Automotive Mobility Fleet Operations with FleetNet’s emergency mobile services, mobile truck repair, towing and preventative maintenance capabilities. The deal expands Cox’s fleet-service footprint and service-provider network across North America, bringing together proprietary technology, data insights and a nationwide service network to maximize fleet uptime.

Banyan Software Acquires Agile Fleet

June 5, 2025

Software

Banyan Software has acquired Agile Fleet, a founder-led provider of fleet management software and services. Progress Partners served as exclusive financial advisor to Agile Fleet on the strategic sale, which Banyan says will support continued growth of Agile Fleet’s vertical SaaS offerings under long-term ownership.

Rand McNally (TELEO Portfolio) Acquires Fleetsu

April 12, 2022

Transportation

Rand McNally, a TELEO Capital portfolio company, has acquired Fleetsu Pty Ltd, a Perth-based provider of cloud-based fleet telematics and data analytics. The acquisition integrates Fleetsu's platform and analytics into Rand McNally's fleet and connected-vehicle offerings to expand capabilities across commercial fleets, OEMs and rental operators.

RapidWorks Acquires FleetCommand

January 9, 2025

Cloud & SaaS

RapidWorks has acquired FleetCommand, a SaaS fleet maintenance solution for heavy equipment and construction fleets, and will integrate the product into its suite as Rapid Fleet. The acquisition brings preventative and reactive maintenance, work order management, parts inventory and compliance reporting into RapidWorks' operations platform; FleetCommand founder Marc Lichtenfeld will join RapidWorks.

Fleetio Acquires Auto Integrate and Raises $450M Series D

March 25, 2025

Cloud & SaaS

Fleetio announced the acquisition of Auto Integrate and the simultaneous close of a >$450 million Series D co-led by Elephant and Growth Equity at Goldman Sachs Alternatives, valuing the combined business at over $1.5 billion. The deal integrates Auto Integrate’s maintenance-authorization network into Fleetio’s fleet optimization platform to create an end-to-end, customer-centric fleet maintenance solution serving fleets, repair shops and rental operators across North America and beyond.

Bestpass Acquires Fleetworthy Solutions

November 28, 2023

Transportation

Bestpass, a toll management and payment platform, has acquired Fleetworthy Solutions, a provider of fleet safety, compliance, and risk management software and services. The deal integrates Fleetworthy's CPSuite compliance platform with Bestpass's tolling and payments capabilities to create a one-stop, tech-powered offering for commercial fleets; terms were not disclosed.