GPS Insight, an Accel-KKR portfolio company and a fleet management software provider, has acquired Certified Tracking Solutions from HKW, a middle-market private equity firm.
Certified Tracking Solutions, headquartered in Edmonton, Alberta, Canada, offers cloud-based software to support GPS tracking services, fleet tracking and management and workflow optimization. During HKW’s partnership with Certified Tracking Solutions, the company made one acquisition, CAMS, and opened a U.S.-based office in Scottsdale, Ariz.
“HKW was the right partner at the right time, being instrumental as a resource for building our structure for the next growth phase,” comments Ben Jensen, chief executive officer and co-founder of Certified Tracking Solutions.
DC Advisory served as the financial advisor. Taft Stettinius & Hollister LLP served as legal counsel to HKW.