Innova Capital, a leading Central European private equity fund, is to acquire a 75% stake in Inelo and OCRK, a leading technology-based player active in drivers’ work time management systems for the transportation industry. As a result of this transaction, the fund will also gain exposure to the attractive telematics space. On 20 October 2017, funds managed by Innova Capital signed an agreement to purchase 75% of shares in Inelo Sp. z o. o. and OCRK Sp. z o. o. S.k. The founders of Inelo and OCRK, Jakub Gieruszczak and Mirosław Stocerz respectively, will partially roll-over their holdings into minority shareholders. “In line with our investment strategy, we are searching for companies with a strong market position which will allow us to capture premium returns. Inelo and OCRK are European leaders, with unique know-how in the area of analysis and drivers’ work time management. They also hold an attractive position in the fast growing telematics market. We are proud to become a shareholder in a Group with such potential!” – said Magdalena Magnuszewska, Partner at Innova Capital, who is leading the investment.