Tenstreet Acquires TextLocate

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.

Tenstreet Acquires Vnomics and True Load Time

April 27, 2022

Trucking & Fleet

Tenstreet, the Tulsa-based driver recruitment and retention platform, acquired Vnomics (fuel-optimization software) and True Load Time (load-time/detention management) to integrate fuel-efficiency coaching and real-time load-time insights into its Driver Pulse and Rewards offerings. The acquisitions expand Tenstreet's capabilities to help carriers reduce fuel spend, lower detention delays, and improve driver retention.

Capacity Acquires Textel

January 19, 2023

Cloud & SaaS

Capacity, an AI-powered support automation platform, acquired Textel, a cloud-based business texting platform, to add AI-enabled two-way SMS capabilities to its product suite. Textel will operate as a subsidiary and remain headquartered in St. Louis, with the terms of the transaction kept confidential.

Xcite Automotive Acquires CarsByText.com

June 22, 2022

Software

Xcite Automotive has acquired Buffalo-based CarsByText.com, a text-based automation platform for dealership operations and marketing. The acquisition brings CarsByText founder Raj Suchak into Xcite as Chief Technology Officer and adds text-first automation capabilities to Xcite's dealer-focused software and services.

Transit Technologies Acquires Vehicle Installs

January 27, 2026

Transportation

Transit Technologies has acquired Vehicle Installs, a national fleet installation and mobile electronics services firm, to strengthen its deployment, installation, and long-term support capabilities for telematics, GPS, and camera systems. The deal gives Transit Technologies greater control of end-to-end hardware and field services, improving speed-to-value and multi-site execution for public sector, campus, K-12, and commercial fleet clients.

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.