Alerce Acquires WeMob to Add Telematics and Fleet Monitoring to Its TMS

Motus Acquires Everlance

February 19, 2025

Software

Motus, a provider of vehicle reimbursement and mobile workforce solutions, has acquired Everlance, a mileage and expense tracking app used by millions of drivers. The deal expands Motus' product portfolio and capabilities—combining Motus' analytics and enterprise offerings with Everlance's consumer-grade mobile app and over 4 million users; Motus is a PE-backed company (Permira and Thoma Bravo).

Oakley Capital Origin Fund I Acquires Majority Stake in Alerce

October 30, 2023

Cloud & SaaS

Oakley Capital Origin Fund I has agreed to acquire a majority stake in Alerce, a Spanish provider of transport and logistics software (TMS) founded in 1989. The Pardo founding family, including CEO Pablo Pardo Garcia, will retain a significant stake; the investment will support Alerce's international expansion, product development and buy-and-build strategy.

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.

AAMP Global Acquires M2M in Motion

May 3, 2021

Transportation

AAMP Global has acquired M2M in Motion, a fleet intelligence and telematics software provider, to integrate fleet management software into its automotive hardware and aftermarket product portfolio. The acquisition will combine M2M in Motion’s Fleet Motion platform with AAMP’s engineering, manufacturing and installer network to accelerate product development and broaden offerings for commercial and passenger vehicle customers.

Konexial Acquires Axle Technologies' ELD and Fleet Management Customer Roster

October 21, 2019

Transportation

Konexial acquired the complete roster of ELD and fleet management customers from Axle Technologies (based in Jersey City, New Jersey) to expand its ELD customer base and convert AOBRD devices to telematics ahead of the FMCSA deadline. The deal will migrate Axle customers onto Konexial’s telematics-enabled My20 Tower platform and enable access to its GoLoad dynamic load-matching features.

Align Technologies Acquires FleetWatcher to Add Fleet Tracking and Materials Management

August 1, 2024

Construction

Align Technologies has acquired FleetWatcher, an Indianapolis-based fleet and materials management software provider serving heavy civil construction and asphalt paving customers. The deal, funded with additional capital from majority investor The Riverside Company, expands Align's construction operations platform to include telematics, materials management, and enhanced asset tracking capabilities.