Acquisitions Archives - Page 3 of 3 - Fleet Equipment Magazine
Penske Truck Leasing to acquire DeCarolis Truck Rental Inc.

Penske Truck Leasing announced it has reached an agreement to acquire the assets of Rochester, N.Y.-based DeCarolis Truck Rental Inc. Financial terms were not disclosed. This transaction is subject to customary closing conditions, including certain regulatory approvals. The parties involved anticipate closing the transaction on December 17, 2021. Founded over 80 years ago, DeCarolis Truck

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GPS Insight acquires FieldAware

GPS Insight, provider of software-as-a-service-based fleet management software and complementary solutions in the United States and Canada, announced the acquisition of FieldAware, a made-for-mobile, cloud-based field service solutions. The acquisition advances field services and fleet tracking capabilities for GPS Insight, allowing them to better serve customers of all sizes through a more robust and comprehensive

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EROAD completes acquisition of Coretex

EROAD has closed the deal to acquire 100% of Coretex Limited following New Zealand Commerce Commission’s decision to grant clearance for the acquisition on Nov. 17, with the combined entity poised to increase its share in North America, which is leading growth in the global telematics market that is expected to register a CAGR of

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