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SEARCHInverness Graham-backed GPS Trackit will be merging with Zonar Systems, Inc. which will operate as part of GPS Trackit’s portfolio.
GPS Trackit and Zonar are merging to enhance their services in commercial fleets, field services, and passenger industries.
PHOTO: GPS Trackit, Zonar
Zonar Systems, Inc. (Zonar) announced its merger with GPS Trackit, an award-winning provider of robust, innovative IoT and GPS fleet tracking solutions and a portfolio company of Inverness Grahm.
The partnership brings together two fleet management technology companies, and leverages GPS Trackit’s deep industry expertise, modern infrastructure, and focus on customer service.
Zonar will operate as part of the GPS Trackit portfolio while maintaining its commitment to providing fleet health and safety solutions, particularly in the government and education sectors.
The two companies will form a comprehensive platform that serves fleets of all sizes, delivering telematics and cloud-based solutions for commercial fleet, field services, and passenger industries.
“This alignment represents a significant step forward in our shared mission to deliver innovative, customer-focused fleet management solutions,” said GPS Trackit CEO, Charles Kriete. “By combining our strengths, such as 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 two industry leaders in overall customer satisfaction. We look forward to building on Zonar’s legacy of excellence and driving transformative growth together.”
Zonar systems was founded in 2001, Zonar has pioneered smart transportation mobility solutions for vocational, public sector/pupil, mass transit, and commercial trucking industries.
The Zonar mission is to enhance the safety, performance, and success of its customer’s fleets by transforming the delivery of innovative insights for commercial fleets. Zonar is headquartered in Seattle, and operates a distribution center in West Chicago.
Since 2002, GPS Trackit has been a pioneering force in cloud-based, IoT fleet solutions and GPS fleet tracking.
Its technology and focus on customer service has earned the company a place on Deloitte’s Technology Fast 500 list and supports over 12,000 fleets worldwide.
Inverness Grahm is a Philadelphia based buyout firm that acquires innovative companies where technology is transforming traditional industry.
The firm’s Flagship strategy focuses on high-growth businesses in Healthcare, Tech-Enabled Services, Software, and Advanced Manufacturing.
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