RET1030

Reseller of Fleet Telematics Systems

Southeast US
 

A leading reseller of state-of-the-art GPS tracking systems for public and private entities operating fleets of up to 1,000 vehicles throughout the US. The owners have also developed in-house online technology to streamline the usage of different data sources in one interface.

Key Aspects:

  • Monthly recurring revenue streams from subscription based fees
  • Strong management team responsible for day-to-day operations
  • Large, diverse customer base of over 600 unique accounts
  • National reach with long-term relationships with local, state, and federal government entities
  • Robust platform developed that consolidates fleet management data from multiple sources
  • Highly scalable business model

    Opportunities:

    • Single sign on (SSO) using Active Directory (AD) integration for enterprise class clients
    • Mobile application development including:
    • Time and Mileage
    • Drive Vehicle Inspection Report (DVIR)
    • Job Logging
    • Expanded comprehensive services offerings
    • Migration to Linux based network
       
       
       
      Year:

      2015

      Internal

      '000

      2016

      Internal

      '000

      2017

      Internal

      '000

      2018

      Internal

      '000

      Turnover4,3614,4524,2444,280
      Gross Profit:2,0632,0161,9851,852
      Adj. EBITDA *280346579456
      * Earnings before interest, tax and depreciation (non-cash item)
       
      Bids Invited