MANAGING PUBLIC SECTOR VEHICLES & EQUIPMENT
Cummins has acquired Efficient Drivetrains Inc., a Silicon Valley-based company known for producing hybrid and electric power solutions for the commercial market.
Geotab has acquired FleetCarma, a Canadian telematics company that specializes in the management of electrified vehicles, the telematics provider announced at its Geotab Connect conference in Toronto today.
Velocity Truck Centers, a commercial vehicle dealership group in the Southwest, has acquired Sierra Freightliner Sterling Western Star, extending the company’s reach in Nevada.
OMNIA Partners, parent company of National IPA, is purchasing U.S. Communities, which will merge two national government cooperative purchasing groups.
Jay Jaffin, chief marketing officer of Verizon Connect, explains how Verizon Connect combines three leading telematics providers on a single platform that offers a wide range of scalable mobile workforce solutions, services, and features to public fleet customers. Read the full story here.
The Toro Company has acquired L.T. Rich Products, a manufacturer of commercial zero-turn spreader/sprayers, aerators, and snow and ice management equipment.
Verizon Connect unifies three leading telematics providers on a single platform that offers a wide range of scalable and “future-proof” solutions, services, and features to public fleet customers.
As two of the largest independent ambulance manufacturers in North America, this merger will create the second largest ambulance manufacturer in the region with greater scale to grow and pursue innovation.
Wastequip, a North American manufacturer of waste equipment, announced it has signed a definitive agreement to be acquired by H.I.G. Capital, LLC, a global private equity investment firm. Wastequip has been owned by Centerbridge Partners, L.P. since 2012.
TAG Truck Centers and the Lonestar Truck Group have merged into a new company called TNTX. The two companies will align under the TNTX entity in the coming months.