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Announced

Completed

Cab Guru completed the acquisition of Cordic Technology.

Synopsis

Cab Guru, a fleet and customer management platform for the independent UK private hire sector, completed the acquisition of Cordic Technology, a powerful and highly-configurable booking and despatch platform and software services company for the licensed private hire industry. Financial terms have not been disclosed. “Our mission is to establish a national services and technology business for independent licensed private hire fleets and provide an open, national marketplace with unrivaled reach. Our partnership provides fleets with a network which will enable them to protect their position in a highly competitive market. At the same time, and whichever part or parts of our company they work with, operators are of course entirely free to choose the technology and platforms that are right for their businesses," Joe Polley, Cab Guru Chairman and Phil Bailey, Cab Guru Vice Chairman.

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