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New Deal


Announced

Completed

An investment consortium led a $190m funding round in KeepTruckin.

Financials

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Transaction Value£134m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Venture Capital

Minority

Domestic

fleet management

Completed

United States

Acquisition

Private Equity

trucks

Friendly

Software

Synopsis

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An investment consortium led a $190m funding round in KeepTruckin, a fleet management technology company. The consortium includes G2 Venture Partners, Index Ventures, Greenoaks, IVP, Scale Venture Partners and BlackRock. “One of the many reasons we’re excited to partner with KeepTruckin includes the people behind the technology, especially the management team that runs the business with a clear vision to fundamentally improve the safety and sustainability of commercial vehicles through novel hardware and software. We know that an inflection point is coming in this industry: the proliferation of AI-powered cameras into all commercial vehicles, and KeepTruckin has the team and the highest quality products to lead the field,” Zach Barasz, G2 Venture Partner.

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