Managing the Financial Side of Commercial Fleets

Safe Fleet Acquires FleetMind

June 06, 2016 - Press Release

Missouri-based fleet solutions provider Safe Fleet has acquired FleetMind Solutions, Inc., a fleet management software provider headquartered in Montreal.

FleetMind is the company's fourth acquisition in the video and telematics sector, an area of rapid growth for Safe Fleet. Financial terms of the purchase were not disclosed.

FleetMind offers the waste industry's leading "smart truck" solution — onboard computing systems that enable waste and recycling fleets to link their drivers and vehicles to business operations in real-time to ensure improved safety, productivity, sustainability and customer service.

FleetMind solutions have been installed in thousands of refuse collection vehicles across North America to provide real-time information to drivers and dispatchers about a truck's load-weight, route status, service completion, vehicular telemetry, driver activities and more. As a result, FleetMind-powered fleets enjoy optimized safety, total visibility into route progress, greater driver accountability, improved customer service, and vastly improved fuel efficiencies, according to Safe Fleet.

"The addition of FleetMind expands Safe Fleet's growing position in fleet management software & hardware for specialty fleet vehicles," said John R. Knox, Safe Fleet's president and CEO. "The FleetMind product line is complementary to Safe Fleet's existing fleet management products and expands Safe Fleet's presence in the waste and recycling market."

FleetMind will maintain both the operations out of its Montreal headquarters and its regional representation throughout North America. Co-owners, Martin Demers, CEO, and Martin Lord, CTO, will continue their leadership roles as vice presidents with Safe Fleet.

"By joining the Safe Fleet family, we gain a strong global partner who shares our vision of safer, greener and more productive fleets, and who brings access to new resources, technologies and markets toward accelerating our product and growth strategies," said Demers. "Most importantly, together with Safe Fleet, we will be better positioned to serve our customers with extended opportunities for our smart truck systems."

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