ClearPathGPS Acquired by GPS Insight
The acquisition of ClearPathGPS by GPS Insight, an Accel-KKR portfolio company, brings together two best-of-breed telematics platforms, bringing tremendous functionality to the market. The acquisition will extend GPS Insight’s market footprint by adding a modern, SaaS solution. It will also enhance and accelerate GPS Insight’s product roadmap to continue to fortify its position as the premier fleet management and operations solution.
ClearPathGPS is a best-of-breed business operations SaaS platform providing GPS fleet management and real-time data and visibility into the mobile work environment.
The Company’s solution empowers customers to optimize their vehicles, assets, and mobile workforce, driving revenue and profitability. This is achieved by increasing project estimate accuracy to help win more business, along with asset lifetime to improve driver safety. The solution also works to reduce misused time and delayed responses, therefore minimizing theft, timecard padding, and billing issues.
Santa Barbara, CA
GPS Insight is a fleet management and field services company focused on transforming the way organizations operate on the road and in the field.
GPS Insight is backed by Accel-KKR, a leading technology-focused investment firm with over $19 billion in capital commitments. This series of acquisitions began with Accel-KKR's initial platform investment in SEG client, InSight Mobile Data, followed by Rhino Fleet Tracking. Subsequently, AKKR acquired GPS Insight, uniting it with InSight Mobile Data and Rhino Fleet Tracking under the GPS Insight umbrella. The journey culminated in the integration of TitanGPS and ClearPathGPS into the GPS Insight platform.