GPSTrackit (Inverness Graham-backed) Acquires Fleet Trax

March 15, 2019

Inverness Graham Investments’ portfolio company GPSTrackit has acquired Fleet Trax, Inc. as an add-on to scale its IoT fleet-management and telematics SaaS platform. The acquisition expands GPSTrackit’s technology and vertical market capabilities across North and South America; financial terms were not disclosed.

Buyers
GPSTrackit, Inverness Graham Investments
Targets
Fleet Trax, Inc.
Platforms
GPSTrackit
Industry
Cloud & SaaS
Location
Texas, United States
Transaction Type
Addon

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