SCOTTSDALE, Ariz. (May 19, 2021) — Accel-KKR, a leading tech-focused private equity firm with over $10 billion of assets under management, has announced that it has acquired GPS Insight, a fleet management software leader. Founded in 2005, GPS Insight is a leading provider of SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada.
Simultaneously, Accel-KKR announces the merger of GPS Insight (“GPSI”) with InSight Mobile Data (“IMD”) and Rhino Fleet Tracking (“Rhino”). IMD and Rhino are Accel-KKR portfolio companies focused on fleet management, field services and GPS tracking. Gary Fitzgerald, CEO of GPS Insight, will continue in his leadership role as CEO of the combined businesses.
The global fleet management market is poised to reach USD 34 billion, according to industry studies. Together, GPS Insight, IMD and Rhino serve over 11,000 accounts spanning more than thirty industries and over 225,000 vehicles. Customers from national enterprise accounts, government entities, energy, utilities to small field services teams rely on GPSI, IMD and Rhino for a wide range of mission-critical tasks including GPS tracking, fleet utilization, scheduling and dispatching, and driver safety and compliance. Broader technology adoption such as 5G and connected devices coupled with an increased need for operational productivity have driven customer demand for single-suite technology platforms with highly extensible solutions for any size of fleet. Visit insightmobiledata.com and rhinofleettracking.com.
