M&A Deal Summary

Fleetworthy Solutions Acquires RapidLog

On January 28, 2020, Fleetworthy Solutions acquired software company RapidLog

Acquisition Highlights
  • This is Fleetworthy Solutions’ 1st transaction in the Software sector.
  • This is Fleetworthy Solutions’ 1st transaction in the United States.
  • This is Fleetworthy Solutions’ 1st transaction in Colorado.

M&A Deal Summary

Date 2020-01-28
Target RapidLog
Sector Software
Buyer(s) Fleetworthy Solutions
Deal Type Add-on Acquisition

Target

RapidLog

Greeley, Colorado, United States
Eclipse Software Systems LLC is a provider of RapidLog auditing software to BigRoad, EROAD, GeoTab, KeepTrucking, OmniTracs, Pedigree, Trimble, RandMcNally, Samsara, Verizon, and Zonar. Eclipse Software Systems is based in Greeley, Colorado.

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Buyer(S) 1

Buyer

Fleetworthy Solutions

Madison, Wisconsin, United States

Category Company
Founded 1983
Sector Business Services
DESCRIPTION

Fleetworthy Solutions is a provider of outsourced compliance services to owners and operators of truck fleets that take them Beyond Compliant. Fleetworthy combines exceptional client service, advanced technologies and more than 30 years of transportation industry expertise to make sure that drivers and assets are fleet worthy. The company helps private fleets, for-hire carriers, and third-party logistics companies of all sizes surpass compliance of federal, state, and local regulations and streamline processes to reduce costs and mitigate risks. Fleetworthy Solutions was established in 1983 and is based in Madison, Wisconsin.


DEAL STATS #
Overall 1 of 5
Sector: Software M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 5
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Our Safety Department

Glendale, Arizona, United States

Our Safety Department is a developer of DOT compliance and workflow automation software. Its Safety Department fully integrates with Electronic Logging Device programs, safety camera programs, Transportation Management Software systems, and any other software using integration software. Our Safety Department is based in Glendale, Arizona.

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