Genstar Capital-backed Clarience Technologies completed the acquisition of Safe Fleet from Oak Hill Capital.

Genstar Capital-backed Clarience Technologies, a global provider of visibility and safety technology solutions for transportation, completed the acquisition of Safe Fleet, a company specializing in safety solutions for fleet vehicles, from Oak Hill Capital, a private equity firm focused on the North America middle-market. Financial terms were not disclosed. “Clarience Technologies and Safe Fleet share a common mission of making transportation safer and smarter through technology. The acquisition of Safe Fleet provides our company with critical technologies, deep vocational segment expertise and a portfolio of powerful and complementary safety products that support our vision to provide comprehensive solutions to a broader set of transportation customers around the world," Brian Kupchella, Clarience Technologies Chief Executive Officer.