Banyan Software Acquires Agile Fleet

June 5, 2025

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.

Buyers
Banyan Software
Targets
Agile Fleet
Sellers
Ed Smith (Founder of Agile Fleet)
Industry
Software
Location
Virginia, United States
Transaction Type
Buyout

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