Peter Möhrle to acquire a majority stake in YellowFox from ECM.

Peter Möhrle, a real estate firm that propagates investments in project development and asset management, agreed to acquire a majority stake in YellowFox, a provider of telematics solutions for a wide variety of industries, vehicle types and company sizes, from ECM, an investment company. Financial terms were not disclosed. “With ECM’s support, we have taken the company to the next level. I am proud of what we have accomplished together over the past years. Today, YellowFox is stronger than ever – both internally as a team and in terms of our position within the market. Our special thanks go to our loyal clients and sales partners with whom we have always maintained a relationship based on mutual trust and respect,” Hendrik Scherf, YellowFox founder and CEO.