Fleet Complete announced its acquisition of BigRoad, a provider of hours-of-service (HOS) and regulatory compliance solutions. Terms of the transaction were not disclosed.
Based in Waterloo’s tech hub, also known as Canada’s Silicon Valley, BigRoad was founded to address the new HOS regulations imposed on the commercial motor vehicle (CMV) industry. The company said it released one of the first mobile HOS applications, BigRoad Mobile App.
In advance of the ELD mandate, BigRoad launched DashLink, an engine-connected electronic logging device that provides owner-operators and commercial fleets with a solution to meet the upcoming FMCSA and Canadian Ministry of Transport requirements.
“We are very excited about this acquisition,” said Jake McGuire, vice president of sales, marketing and customer success at BigRoad, “BigRoad is an established leader in the HOS and ELD compliance space and now, supported by the Fleet Complete IoT platform, I am confident we will continue to exceed customer expectations by providing the best ELD and connected vehicle solution on the market.”
Fleet Complete’s acquisition of BigRoad is part of the company’s growth, following its expansion into Europe in 2015 and Australia in 2016.
“BigRoad is an impressive organization that has had a laser focus on creating the industry’s leading product for ELD compliance,” said Tony Lourakis, CEO of Fleet Complete. “Outperforming the competition in usability and connectivity, BigRoad’s driver-friendly and feature-rich application will be a great complement to our integrated platform, giving Fleet Complete customers the most reliable top-of-the-line HOS solution.”
According to the company, BigRoad will continue to operate and sell directly to owner-operators and fleets, maintaining the BigRoad brand. Whereas the integrated Fleet Complete BigRoad platform will be offered through the North American partner channels, AT&T and TELUS.
“Leveraging BigRoad’s immense success and combining it with Fleet Complete’s strong partnerships with North America’s mobile carrier elite, we can capture the largest share of the 4 million+ truck driver market,” said Lourakis. “Through this integration, all of our customers, from individual truck drivers to large commercial fleets, will be equipped with the industry’s best ELD compliance solution before the December 2017 deadline.”
