WAYNE, PA — – GPS Trackit, a video and fleet telematics company backed by Inverness Graham, has announced the acquisition of Zonar Systems, Inc., a leading provider of smart fleet management solutions tailored to commercial fleets, government, and education sectors.
The integration of Zonar’s innovative technology with GPS Trackit’s existing platform aims to create a robust telematics and cloud-based solution for fleets across a range of industries, including commercial, field services, and passenger transport. This combined platform is set to enhance fleet safety, operational efficiency, and compliance for its customers.
“The acquisition of Zonar strengthens GPS Trackit’s position as an integrated, scale IoT platform for video and fleet management,” said Michael Morrissey, Managing Principal at Inverness Graham. “The addition of Zonar augments our value proposition in fleet health, safety, and compliance, as well as deepens our presence in the government and education sectors.”
Charles Kriete, CEO of GPS Trackit, shared his enthusiasm for the partnership. “We are thrilled to welcome Zonar into the GPS Trackit family. This alignment represents a significant step forward in our shared mission to deliver innovative, customer-focused fleet management solutions. By combining our best-in-class video platform with Zonar’s advanced technologies and industry expertise, we are poised to create unparalleled value for our customers and further disrupt the market as the industry leader in overall customer satisfaction.”
The acquisition aims to bolster GPS Trackit’s efforts for innovation and customer satisfaction, positioning the merged platform as a frontrunner in the fleet management industry across the Americas.
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