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Completed
Synopsis
TPA Capital, a private equity firm, completed an investment in E.J. Ward, a developer of automated fleet management and monitoring software. Financial terms were not disclosed. “We are extremely pleased to find a partner like TPA who understands the nuances of a family-owned company and the markets we operate in. By providing funding to allow the family a planned transition and succession plan, we can now expand our presence in the core fuel management industry and be more aggressive in the EV charging and telematics markets, as well as identifying and moving forward with future acquisitions,” Markay Ward, E. J. Ward CEO and President.
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