Rubicon completed the acquisition of a majority stake in Work Truck Solutions.

Rubicon Technology Partners, a private equity firm, completed the acquisition of a majority stake in Work Truck Solutions, a provider of SaaS solutions for the commercial vehicle industry. Financial terms were not disclosed. “We’re extremely proud of what we’ve built over the past 12 years and are confident this new chapter will enable us to accelerate our growth, in both product and team. Rubicon brings a highly experienced team, substantial financial resources, and operational capabilities to the partnership. What an exciting time with a very bright future, not only for our company, but also for our customers,” Aaron Johnson, Work Truck Solutions CEO.