Posted on 28th March 2023
Zaltbommel, The Netherlands, 28th March 2023 – Moving Intelligence, a leading asset security and fleet management services provider acquired EuropeTrack and SlimmGPS, two Dutch fleet and trip registration software and services providers.
EuropeTrack is a leading provider of an end-to-end fleet management platform - customers choose from a wide range of packages, reports and modules to improve their operations.
SlimmGPS enables customers to optimize their fleet with live tracking in an easy-to-use platform. The automated journey registration system is also an ideal tool for users to classify journeys into business and private use in accordance with the Tax and Customs Administration.
Patrick Horst, CEO at Moving Intelligence commented on the acquisition: “The acquisition of two strong Dutch fleet management parties strengthens our position and offering in the Benelux, which offers opportunities for future growth and cross-selling. In addition, our team is reinforced with highly experienced employees, especially in the field of sales and IT. I am very pleased to welcome the EuropeTrack and SlimmGPS team to the MI Group!”
Ewout van der Kraan, General Manager at EuropeTrack added: “After a decade of organic growth based on customer satisfaction, the EuropeTrack team are ready for the next step.”
Thijs van der Lugt, Managing Director at SlimmGPS further added: “The collaboration with Moving Intelligence opens new doors, broadens the reseller network and offers new products for existing customers of SlimmGPS, EuropeTrack and Moving Intelligence customers. An opportunity that benefits everyone.”
Olivia Ciardi, Investor at Volpi Capital commented: “The transaction represents the fourth and fifth acquisition since the beginning of our partnership and further solidifies Moving Intelligence’s leadership position in the core Dutch market and expands the breadth of fleet management services offered and customers served. Following this acquisition, the total number of active subscriptions across the group has reached c.135,000 up from 55,000 just over 2 years ago.”