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New Deal


Announced

Accel-KKR-backed GPS Insight to acquire FieldAware.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Pending

Friendly

Productivity Software

fleet management solutions

Auto Technology

Acquisition

Domestic

Single Bidder

Majority

Private

Private Equity

Synopsis

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Accel-KKR-backed GPS Insight, a developer of fleet management software, agreed to acquire FieldAware, a developer of a cloud-based field service management software. Financial terms were not disclosed. "GPS Insight is thrilled to provide even better solutions for our customers through this partnership with FieldAware, while at the same time extending our competitive advantage across the field service and fleet management landscape. We're committed to creating tools for businesses to operate with more efficiency and bringing together these two platforms will provide an unparalleled synergy to guarantee high-quality, reliable service that drives bottom-line profitability, while enabling our customers to deliver a superior end-to-end service experience for their customers," Gary Fitzgerald, GPS Insight CEO.

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