ASG, a portfolio company of Alpine Investors that buys and builds vertical SaaS companies, today announced that it has acquired Trucker Tools, a digital freight management business that provides capacity management, predictive freight matching, automated booking, real-time GPS-based visibility and digital workflow solutions for the transportation industry.
“ASG has a proven track record of helping SaaS companies grow and build out reliable, resilient software services delivering enduring value and competitive advantage,” said Prasad Gollapalli, founder and CEO of Trucker Tools. “Their philosophy, mindset and approach complement Trucker Tools culture and values, and are well-aligned with our laser-focus on superior customer engagement and product performance. We are excited to leverage the ASG team’s skills and experience as we chart this next chapter in our sustainable growth journey.”
“Prasad, Murali and team have built the leading tracking and digital freight matching platform for brokered freight,” said Jesse Buckingham, Trucker Tools chief revenue officer. “There are many players that are trying to disrupt transportation. What’s special about Trucker Tools is their belief that digital transformation comes from working with the industry, not against it. The trust and deep relationships they’ve earned by operating from this belief sets them apart.”