Tenstreet Acquires Vnomics and True Load Time

Tenstreet Acquires TextLocate

March 1, 2025

Logistics & Distribution

Tenstreet has acquired TextLocate, a Chattanooga-based provider of SMS-based driver communications and freight visibility tools, to augment its driver-centric recruiting and logistics software. The deal will integrate TextLocate's chat, image capture and location capabilities with Tenstreet's Driver Pulse, TruckMap and True Load Time products to improve automation, transparency and driver communications across the supply chain.

Tenstreet Acquires DriverReach

March 31, 2025

Transportation

Tenstreet, the trucking industry's marketplace platform, has acquired DriverReach, a driver recruitment and compliance management software company. The acquisition will combine both companies' driver and carrier audiences and integrate DriverReach's recruiting and compliance capabilities into Tenstreet's platform to scale its network and improve usability for carriers and private fleets.

Cambridge Mobile Telematics Acquires TrueMotion

June 17, 2021

Data & Analytics

Cambridge Mobile Telematics (CMT) has acquired TrueMotion, a leading mobile telematics provider, in a deal that combines the two largest smartphone-based telematics platforms to accelerate product innovation and scale. The combined company will expand CMT’s reach across insurers, fleets, automakers and mobility customers globally and strengthen capabilities in AI-driven driving risk measurement and real-time crash detection.

Neology Acquires Shimmick's Transportation Operations & Management Solutions (TOMS) Business

July 17, 2023

Transportation

Neology has acquired Shimmick’s Transportation Operations & Management Solutions (TOMS) division based in Sunrise, Florida. The acquisition expands Neology’s tolling operations, back-office and advisory capabilities while enabling Shimmick to focus on its core water and transportation infrastructure businesses.

Providence Equity Partners Majority Investment in Tenstreet

October 4, 2021

Cloud & SaaS

Funds advised by Providence Equity Partners completed a majority growth investment in Tenstreet, a Tulsa-based provider of driver recruiting SaaS for the trucking industry. Tenstreet co-founder and CEO Tim Crawford will remain an investor and continue to lead the company while existing investor Spectrum Equity retains a significant minority stake; the capital will be used to accelerate product and team growth and to pursue strategic acquisitions.

truckstop.com Acquires Denim

August 19, 2025

Transportation

truckstop.com has acquired Denim, a transportation-focused fintech that provides factoring, automated invoicing, and back-office automation. The acquisition will integrate Denim's AI-driven payment processing and recourse factoring capabilities into truckstop.com's freight marketplace and carrier identity solutions to improve cash flow, reduce time-to-cash, and expand financial services for carriers and brokers.