Telematics vendor GPS Insight has acquired an investment from private equity firm Bregal Sagemount that will fund the company's continued growth as a provider of cloud-based fleet management software, the Scottsdale, Ariz.-based company announced.
Lytx Acquired By Private Equity Firm
Chicago-based private equity firm GTCR is acquiring video-based telematics supplier Lytx, Inc. for more than $500 million in an all-cash transaction, according to a release.