Fleetworthy, a provider of cloud-based compliance, risk mitigation, and safety solutions for commercial fleets, has acquired Viastar, a Dallas, TX-based provider of fleet compliance solutions.
The acquisition adds a portfolio of new strategic clients, solutions capabilities, and channel partners for Fleetworthy.
With the acquisition, Fleetworthy aims to:
- Extend its capabilities in commercial fleet licensing and permitting.
- Deepen its relationships with financial institutions.
- Expand the company’s presence with the addition of a new office in the Dallas-fort worth metroplex.
Adding Viastar to the Family
Over 1,500 commercial fleets, representing a footprint of over 200,000 drivers and 210,000 assets, including many of America’s largest private fleets, for-hire carriers, and 3PL companies, rely on Fleetworthy to manage their mission-critical safety, regulatory compliance, and risk mitigation needs.
“We’re excited to welcome Viastar’s clients and employees to the Fleetworthy family,” said Michael Precia, Fleetworthy’s CEO and president.
“Fleetworthy leverages its broad set of automated solutions and deep industry experience to help commercial fleets connect and navigate highly regulated, complex, and fragmented ecosystem that has historically relied on antiquated software, siloed applications, and manual processes.
“Our SaaS platform and turnkey subscription-based managed services provide fleets with real-time enterprise-wide visibility of transportation compliance, and a single, unified source of truth for essential driver, asset, and operational data.
“We’re looking forward to bringing Fleetworthy’s modern cloud-based solutions and full a range of capabilities to Viastar’s clients to help them reduce costs, mitigate risks, and achieve significant ROI by improving asset and driver utilization rates, automating workflows, maintaining regulatory compliance, and operating safer and more efficient fleets,” Precia added.
Viastar represents Fleetworthy’s fifth add-on acquisition, joining:
- Our Safety Department.
- On The Go.