PrePass Safety Alliance to acquire CVO Holding from Alinda Capital.

PrePass Safety Alliance, a non-profit corporation focused on commercial transportation safety, agreed to acquire CVO Holding, a systems integration specialist, from Alinda Capital, an independent investment firm. Financial terms were not disclosed. “This is the perfect match of two organizations that introduced the concept of connected vehicle technology to the trucking industry and have led the way ever since. CVO has supported PrePass from its inception, helping grow the program into America’s leading weigh station bypass service. The Alliance views this strategic acquisition as an exciting opportunity to better serve its state and industry partners while fulfilling our non-profit mission to make highways safer and more efficient through innovative, data-driven solutions,” Mark Doughty, PrePass Safety Alliance President and CEO.