TELEO Capital-backed Rand McNally completed the acquisition of SafetyDirect from Bendix Commercial Systems and Knorr-Bremse.

TELEO Capital-backed Rand McNally, an American technology and publishing company, completed the acquisition of SafetyDirect, a video-based driver safety platform, from Bendix Commercial Systems, a developer and supplier of automotive solutions and components, and Knorr-Bremse, a global provider of braking systems. Financial terms were not disclosed. “The combined expertise of Rand McNally and SafetyDirect will result in an expanded catalog of offerings that cater to the diverse needs of the trucking industry and other companies that own or operate vehicle fleets,” “The acquisition will enable Rand McNally to deliver enhanced innovations in real-time monitoring and driver alerts, predictive maintenance, fleetwide management, and compliance management, among other critical fleet operations,” Kevin Hatch, Rand McNally President.