Sterling Group's Safe Fleet acquires FleetMind Solutions
Belton, Missouri-based Safe Fleet has acquired FleetMind Solutions Inc, a Canadian manufacturer of wireless enabled on-board computers, driver terminals, and automation software for trucks. No financial terms were released. Safe Fleet, which owns a portfolio of brands targeted to fleet vehicle manufacturers and operators, said the deal supports its emphasis of safety solutions and expands its presence in the waste and recycling market. It added that FleetMind will retain its Montréal headquarters and leadership. Safe Fleet was formed in 2013 when The Sterling Group, a U.S. private equity firm, acquired ROM and SMI from Century Park Capital.
6 June 2016•3 mins read
