Veeder-Root Acquires FuelQuest
Veeder-Root's acquisition of FuelQuest allows the company to provide an end-to-end solution for fuel management.
The Veeder-Root Company has acquired FuelQuest, Inc., a software-as-a-service (SaaS) provider for retail and commercial fueling logistics applications. FuelQuest will combine with Veeder-Root’s Insite360 Fuel business to provide an end-to-end solution for controlling wet stock from rack to nozzle.
“FuelQuest brings valuable SaaS and fuel logistics expertise into Veeder-Root’s Insite360 Fuel services family, enabling us to aggressively accelerate our wet stock management technology roadmap,” said Andrew Hider, president, Veeder-Root. “This expertise, along with Veeder-Root’s market leadership position in automatic tank gauge technology, will provide immediate advantages for any retail or commercial fueling customer looking to improve operational efficiencies in fuel or compliance management.”
Scott Cilento, FuelQuest COO, noted, “FuelQuest has been rapidly growing its customer base by providing best in class analytics for fuel logistics with a customer-first approach. The partnership with Veeder-Root’s Insite360 Fuel business will provide opportunities to reach more customers with a complete software, services, and hardware solution.”
The combined SaaS businesses should improve the customer experience by offering a full suite of integrated logistics and environmental services.
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