TELEO CAPITAL PORTFOLIO COMPANY, RAND MCNALLY, ACQUIRES FLEETSU
Boise, ID – (April 12, 2022) TELEO Capital Management, LLC (“TELEO”) announced the acquisition of Fleetsu Pty Ltd. (“Fleetsu”) by its existing portfolio company, Rand McNally. Fleetsu is a cloud-based, data analytics fleet management solution provider which enables customers to manage their fleets more efficiently and effectively.
Fleetsu’s innovative and flexible platform transforms fleet management by enabling businesses to instantly collect and analyze fleet data. Their proprietary data analytics platform enables seamless integration with third-party data sources and can be deployed as an aftermarket product to a fleet of vehicles or as a solution embedded in the vehicle by an OEM. Fleetsu currently serves customers across the globe, including a partnership with Toyota Motor Corporation, Australia. Other Fleetsu customers include Avis, Budget, and Cummins. Fleetsu is based in Perth, Australia.
For additional information, please visit www.fleetsu.com.
Rand McNally has been transforming travel and transportation for over 165 years. Today, Rand McNally provides innovative fleet management and commercial transportation solutions, connected vehicle technology, and consumer travel and education products. Rand McNally is based in Chicago, IL.
For additional information, please visit www.randmcnally.com.
TELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy and build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is headquartered in Boise, ID with an additional office in Los Angeles, CA.For additional information, please contact Matt Oehlmann at firstname.lastname@example.org or visit our website at www.teleocapital.com
The firm is headquartered in Boise, ID. For additional information, please visit www.teleocapital.com or contact Matt Oehlmann at email@example.com