M&A Deal Summary

PrePass Safety Alliance Acquires FleetDrive 360

On December 10, 2025, PrePass Safety Alliance acquired software company FleetDrive 360

Acquisition Highlights
  • This is PrePass Safety Alliance’s 1st transaction in the Software sector.
  • This is PrePass Safety Alliance’s 2nd transaction in the United States.
  • This is PrePass Safety Alliance’s 1st transaction in Tennessee.

M&A Deal Summary

Date 2025-12-10
Target FleetDrive 360
Sector Software
Buyer(s) PrePass Safety Alliance
Deal Type Add-on Acquisition

Target

FleetDrive 360

Franklin, Tennessee, United States
FleetDrive 360 offers tools for driver qualification file management, CDL monitoring and MVR checks, drug and alcohol program management, electronic forms and workflows, and other compliance-related processes that support transportation companies in maintaining regulatory readiness. FleetDrive 360 was founded in 2020 and is headquartered in Franklin, Tennessee.

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Buyer(S) 1

Buyer

PrePass Safety Alliance

Phoenix, Arizona, United States

Category Company
Sector Information Technology
DESCRIPTION

PrePass Safety Alliance is established to improve commercial transportation safety and efficiency. PrePass allows states to preclear qualified motor carriers to safely bypass ports of entry and weigh station facilities at highway speeds. The Alliance membership is comprised of trucking industry leaders and state agency representatives to ensure that PrePass services remain balanced between safety and efficiency. PrePass Safety Alliance is based in Phoenix, Arizona.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Tennessee M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 CVO

Phoenix, Arizona, United States

CVO specializes in systems integration, bringing together complex technologies and infrastructure to enable innovative V2x, connected vehicles, and payment for clients. CVO is a business process outsourcing company, operating primarily within the transportation niche. CVO was founded in 2018 and is headquartered in Phoenix, Arizona.

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