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Synopsis
August Equity-backed Polaris Software, a compliance software platform intended to automate, optimize, and streamline workflows, completed the acquisition of Sitestream, a developer of road-safety enforcement software. Financial terms were not disclosed. “We are thrilled that Sitestream has joined the group. Our companies have shared vision and values which will propel us into new geographies as well as new areas of compliance, safety, and data-driven decision-making. Together, with in-depth industry knowledge and excellence in software innovation, we can change driver behaviour and elevate road safety for all who share the road," Kevin McCallum, Polaris CEO.
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