Fleet Complete, the fastest-growing provider of IoT solutions in the connected commercial vehicle space, has announced its acquisition of Ecofleet, the fleet telematics player in the Nordic and Baltic regions, the company said.
Terms of the transaction were not disclosed.
This is Fleet Complete´s second acquisition in Europe since ITmobile in 2016 (now operating as Fleet Complete Europe), establishing a presence in the Netherlands, Belgium, Luxemburg, Austria and, recently, Germany.
Ecofleet is the current top telematics provider in the north European market, offering cost-effective, high-benefit mobile asset management solutions in Denmark, Finland, Sweden, Norway, Estonia, Latvia, and Lithuania. The company has over 80,000 subscribers across small-to-medium businesses and large enterprise fleets, growing Fleet Complete´s subscriber base to over 110,000 in Europe and over 400,000 globally.
Fleet CompleteÂ® is a global IoT provider of mission-critical fleet, asset and mobile workforce management solutions. Servicing over 400,000 subscribers and over 30,000 businesses worldwide, the company maintains key distribution partnerships with AT&T in the US, TELUS in Canada, Telstra in Australia, and T-Mobile in Europe. It remains one of the fastest-growing companies in North America, having won numerous awards for innovation and growth. For more information, visit fleetcomplete.com
Ecofleet is an international software company that specializes in GPS-based fleet and team management solutions.