NexTraq

NexTraq[1] is a fleet tracking company based in Atlanta, Georgia, United States. Acquired by Francisco Partners[2] in 2009, NexTraq is a provider of Global Positioning System vehicle management and fleet tracking solutions.[3] The NexTraq Fleet Tracking platform (formerly MARCUS[4] ) is a cloud-based application for service and distribution businesses to optimize fleet operations. Reporting functionality delivers key performance indicators (KPIs).

On Oct 30, 2013, NexTraq was acquired by FleetCor Technologies, Inc.[5]

On June 14, 2017, it was announced that Michelin acquired the company.[6]

References

  1. ^ "NexTraq: Private Company Information". Investing.Businessweek.com. Bloomberg LP. 2011. "Research > Stocks > Private" section. Archived from the original on July 1, 2009. Retrieved August 8, 2011.
  2. ^ MacFadyen, Ken (May 7, 2010). "Francisco Picks Up EF Johnson". TheMiddleMarket.com. SourceMedia/Investcorp. Mergers & Acquisitions section. Retrieved August 8, 2011.
  3. ^ Baburajan, Rajani (May 2, 2011). "Discrete Wireless Announces Latest Release of MARCUS Application". Gadgets.TMCnet.com. Technology Marketing Corporation. Retrieved August 8, 2011.
  4. ^ "Discrete Wirleess Becomes NexTraq". Field Technologies Online. July 26, 2011. Articles.
  5. ^ "Francisco Partners Completes Sale of NexTraq to FleetCor - New York Times". Archived from the original on 2014-01-11. Retrieved 2014-01-10.
  6. ^ "FleetCor sells Nextraq business to Michelin (NYSE:FLT) | Seeking Alpha". 14 June 2017.
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