True Wind Capital-backed Transflo completed the acquisition of Microdea.

True Wind Capital-backed Transflo, a mobile, telematics and business process automation provider, completed the acquisition of Microdea, a provider of document management and workflow automation solutions. Financial terms were not disclosed. "We are extremely excited about joining forces with Microdea and adding its impressive product suite and client roster under the Transflo brand umbrella. The transaction is a strategic step in growing our footprint in the key Canadian supply chain sector and will drive additional efficiencies and solutions to the market today," Frank Adelman, Transflo CEO.