Press release -
Infobric Group acquires TotalCar's Fleet operations - strengthens its position in Fleet Management
Infobric Group has acquired TotalCar's Fleet Management business and its customer base. TotalCar is a well-established company within Fleet & Asset Management in the Swedish market. Through the acquisition, Infobric expands its customer base within the Fleet business area and thereby strengthens its position as a leading player in the digitalisation of vehicles, machines, tools and equipment.
Infobric Group, a leading digitalisation partner for the construction sector in the Nordic region and the UK, is growing further with the acquisition of TotalCar. Infobric's Fleet business area (formerly TelliQ) has grown strongly in recent years with an annual growth rate of 20-30%. Today, the company is one of the Nordic region's largest suppliers of Fleet Management systems with over 100,000 connected vehicles. The company has also broadened its product offering to the construction industry with services for tracking and connecting equipment and tools.
- The acquisition of TotalCar further strengthens our position in the Swedish market within the Fleet business area. We welcome all new customers and look forward to introducing them to our wide range of services, says Dan Friberg, CEO and President of Infobric Group.
In recent years, Infobric Group has acquired TelliQ, MSite, Tempus, Blastmanager, HMSREG, BuildSafe, EquipmentLoop and AddMobile. At present, the company's digital services are used by over 300,000 daily users. The group's ambition is to contribute to a more sustainable construction industry through smart, digital tools
- I am very pleased that our customers are now part of Infobric Group. Their product range and industry knowledge in Fleet Management and connected vehicles will provide our customers with high-quality, modern solutions, says Laszlo Beder, CEO of TotalCar.
For more information, contact:
Dan Friberg, CEO and President Infobric Group
+46 (0)707 88 75 44
Laszlo Beder, CEO TotalCar
+46 (0)70 147 46 02
Infobric Group is a Nordic digitalisation partner for a sustainable construction industry. The Group provides a toolbox of digital services that are ready to be integrated into the customers' digital ecosystems. Infobric's mission is to create socially sustainable and resource-efficient workplaces, where the services delivered make the job safer and easier for hundreds of thousands of people every day. Infobrics is owned by Summa Equipty, which invests in lsolutions to global sustainability challenges.
Since 2005, TotalCar has been a well-known supplier of GPS-based solutions to Swedish companies. The range includes GPS-based systems for handling both small and large vehicle fleets, as well as a wide range of car accessories for follow-up, safety and increased comfort.