Announced
Completed
Financials
Sources
Tags
risk management solutions
Private
Majority
Acquisition
Domestic
Single Bidder
Completed
United States
fleet safety
compliance
Risk and Compliance
Friendly
Synopsis
Bestpass, a toll management and payment platform for commercial vehicles, completed the acquisition of Fleetworthy Solutions, a provider of fleet safety, compliance, and risk management solutions. Financial terms were not disclosed. "We're thrilled to welcome Fleetworthy to the Bestpass family we know fleet and driver safety is a top priority with our customers. It's why we sought collaboration with a premier provider to incorporate safety and compliance solutions into our comprehensive range of services. Fleetworthy emerged as the ideal partner, and we eagerly anticipate the valuable contributions this integrated offering will make for our customers," Tom Fogarty, Bestpass CEO.
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