Safe Fleet acquires FleetMind
Safe Fleet is pleased to announce today the acquisition of FleetMind Solutions, Inc (FleetMind).
Based in Montreal, Canada, FleetMind delivers the waste industry’s leading “smart truck” solution – onboard computing (OBC) 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 successfully installed in thousands of refuse collection vehicles across North America, providing unprecedented 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.
“We are excited to welcome FleetMind into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles,” said John R. Knox, President & CEO of Safe Fleet. “The addition of FleetMind expands Safe Fleet’s growing position in fleet management software & hardware for specialty fleet vehicles. 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 within the Safe Fleet organization.
“For over 15 years, FleetMind has built a strong brand for its leadership in fleet management solutions for the waste and recycling industry,” said Martin Demers. “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. Most importantly, together with Safe Fleet, we will be better positioned to serve our customers with extended opportunities for our smart truck systems. We are excited to join a team that shares our commitment to innovation, and we look forward to working together to enhance fleet safety and performance for all fleets.”
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.