M&A Deal Summary

GPS Insight Acquires InSight Mobile Data

On May 19, 2021, GPS Insight acquired internet software and services company InSight Mobile Data from Accel-KKR

Acquisition Highlights
  • This is GPS Insight’s 1st transaction in the Internet Software and Services sector.
  • This is GPS Insight’s 3rd transaction in the United States.
  • This is GPS Insight’s 1st transaction in Maryland.

M&A Deal Summary

Date 2021-05-19
Target InSight Mobile Data
Sector Internet Software and Services
Buyer(s) GPS Insight
Sellers(s) Accel-KKR
Deal Type Merger

Target

InSight Mobile Data

California, Maryland, United States
InSight Mobile Data develops mobile resource management and fleet safety solutions that provide real-time visibility into the mobile work environment. The Company's fully configurable StreetEagle software platform provides the ability to capture, analyze and integrate mission-critical data from all mobile assets – vehicles, equipment and workers – to improve operational efficiency and safety. InSight Mobile Data was formed in 1998 and is based in California, Maryland.

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Buyer(S) 1

Buyer

GPS Insight

Scottsdale, Arizona, United States

Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

GPS Insight is a provider of SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada. GPS Insight was founded in 2004 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 3 of 5
Sector (Internet Software and Services) 1 of 1
Type (Merger) 2 of 2
State (Maryland) 1 of 1
Country (United States) 3 of 4
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 Rhino Fleet Tracking

Argyle, Texas, United States

Rhino Fleet Tracking provides fleet tracking services to all sizes of commercial business throughout the United States and abroad. Rhino Fleet Tracking’s services allow business fleets to capture very quick returns on investment through labor and fuel savings, gains in operational efficiency, and theft recovery. Service offerings include solutions for vehicle, trailer, and equipment tracking via cloud-based mobile and desktop applications. Rhino Fleet Tracking is based in Argyle, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 FieldAware

Plano, Texas, United States

FieldAware is a provider of cloud-based, mobile field service management hub, empowering companies to transform their field service with automated processes and streamlined operations. FieldAware is advancing field service with comprehensive solutions including optimized scheduling, dynamic and intelligent forms capture, robust reporting and analytics, AR, and IoT. FieldAware was founded in 2009 and is based in Plano, Texas.

Buy -

Seller(S) 1

SELLER

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.


DEAL STATS #
Overall 37 of 54
Sector (Internet Software and Services) 7 of 12
Type (Merger) 2 of 3
State (Maryland) 1 of 2
Country (United States) 29 of 44
Year (2021) 6 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-19 Rhino Fleet Tracking

Argyle, Texas, United States

Rhino Fleet Tracking provides fleet tracking services to all sizes of commercial business throughout the United States and abroad. Rhino Fleet Tracking’s services allow business fleets to capture very quick returns on investment through labor and fuel savings, gains in operational efficiency, and theft recovery. Service offerings include solutions for vehicle, trailer, and equipment tracking via cloud-based mobile and desktop applications. Rhino Fleet Tracking is based in Argyle, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-26 Paymentus

Charlotte, North Carolina, United States

Paymentus provides a unified, SaaS electronic bill payment and presentment, enterprise customer communication and self-service, and revenue management platform. Paymentus’ next-generation, real-time bill payment network continues to redefine the industry by providing strategic and innovative solutions that simplify, automate and streamline the bill payment and revenue management processes. The Company’s platform is capable of supporting a broad spectrum of industry segments including: utilities, municipalities, counties and governmental agencies, insurance, healthcare, financial services, property management and other commercial enterprises. Paymentus was founded in 2004 and is based in Charlotte, North Carolina.

Sell -