TELEO Capital completed the acquisition of Rand McNally.

TELEO Capital, a private equity firm, completed the acquisition of Rand McNally, a provider of auto technology equipments and services. Financial terms were not disclosed. "We are extremely excited to support the Rand McNally team through this next stage of growth. We fully intend to help grow Rand McNally through organic and acquisitive investment. Our focus will be on breakthrough products and solutions and first-class customer service," Joseph Roark, TELEO Capital Operating Partner.