Inverness Graham-backed GPS Trackit completed the acquisition of Zonar from Continental.

Inverness Graham-backed GPS Trackit, a video and fleet telematics company, completed the acquisition of Zonar, a GPS supplier, from Continental, a German multinational automotive parts manufacturing company. Financial terms were not disclosed. “We are thrilled to welcome Zonar into the GPS Trackit family. This alignment represents a significant step forward in our shared mission to deliver innovative, customer-focused fleet management solutions. By combining our best-in-class video platform with Zonar’s advanced technologies and industry expertise, we are poised to create unparalleled value for our customers and further disrupt the market as the industry leader in overall customer satisfaction. We look forward to building on Zonar’s legacy of excellence while driving transformative growth together,” Charles Kriete, GPS Trackit CEO.