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BGF-backed Fleetondemand acquired FleetEurope.

Synopsis

BGF-backed Fleetondemand, a European mobility technology provider, acquired FleetEurope, a Buckinghamshire-based vehicle management company. Financial terms were not disclosed. Chris Boyes and John Eggleston, who led the investment for BGF, said: “FleetEurope is a well-established player within the fleet sector that has shown unprecedented growth over the last three years. This impressive performance, combined with its experienced management team, broad range of long-standing clients and its reputation for service excellence were influential in our decision to invest in the business.”

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