Transflo Adds to Its Technology Portfolio, Acquires RMJ Technologies’ Telematics Assets
02 Julio 2024 - 11:00AM
Business Wire
Transflo, an innovator and leader in transportation technology,
is thrilled to announce its acquisition of RMJ Technologies’ (RMJ
Tech) telematics assets.
RMJ Tech specializes in fleet optimization services and is a
fast-growing technology company serving government agencies and
public companies in North America. Transflo will acquire RMJ Tech’s
telematics business, allowing the company to expand its footprint
in the private and public sectors of transportation.
This strategic acquisition aligns with Transflo’s ambition to
expand the reach of its industry-leading technology into markets
such as the government sector, while continuing to deliver
best-in-class service and solutions to its existing customers.
Over the years, both Transflo and RMJ Tech have been successful
in serving both the private and public sectors due to their ability
to provide innovative telematics solutions that address the unique
and complex challenges faced by fleets. These solutions enhance
operating efficiency, improve safety, increase fleet visibility,
and minimize environmental impacts.
“As RMJ Tech has grown, we sought a partner that will take the
business, and our customers, to the next level,” said Jerome
Toliver, CEO of RMJ Tech. “Transflo has proven to be the ideal
acquirer, given their strong executive team, long-standing market
leadership, and commitment to customer driven innovation.”
“Transflo is excited to acquire a business growing at
double-digits annually and that provides leading telematics
technology solutions to the government sector,” said Renee Krug,
CEO of Transflo. “We continue to grow organically and through
acquisitions to provide innovative solutions focused on customer
priorities today and into the future.”
About Transflo
Transflo is the trusted industry leader in mobile, telematics,
and business process automation solutions for the transportation
industry in North America. Transflo’s customer-focused mobile and
cloud-based technologies deliver real-time communications to
fleets, brokers, factors, shippers, and commercial vehicle drivers,
and digitize 800 million shipping documents a year, representing
approximately $115 billion in freight bills and 3.2 million
downloads of the Mobile+ app.
About RMJ Technologies
RMJ Technologies is a fleet optimization company specializing in
vehicle telematics and driver risk management solutions. It is a
solutions-based company that focuses on increasing safe driving
behaviors, optimizing fleet operations, ensuring regulatory
compliance, and reducing fleet liability and risk through
collaborative teamwork, creativity and innovation.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240702495918/en/
T.J. Muehlfeld tj.muehlfeld@transflo.com 412-298-1239