Bridges Fund Management Backs Matrix Telematics
March 30, 2021
Bridges Fund Management has made a growth capital investment in Matrix Telematics, valuing the Cheshire-based fleet telematics and software provider at over £60 million. The investment, made through Bridges' Sustainable Growth Funds, will back CEO Mark Packman and the existing management team to scale Matrix’s SaaS telematics platform and expand its driver-safety and emissions-reduction solutions.
- Buyers
- Bridges Fund Management
- Targets
- Matrix Telematics
- Industry
- Transportation
- Location
- Cheshire, United Kingdom
- Transaction Type
- Growth capital
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