PeopleNet has acquired Manchester, NH-based Cadec Global, a privately-held provider of driver- and truck-based platforms. The addition of Cadec will provide customers in the foodservice and private fleet industries with greater access to PeopleNet solutions, the company said.
Terms were not disclosed.
“This acquisition combines the best of both Cadec and PeopleNet,” said Brian McLaughlin, PeopleNet president. “Cadec brings its expertise in world-class Web enterprise, business intelligence and back-end analytics tools to the company, while PeopleNet brings its industry-leading mobile platforms, complementary M2M and cloud-based technologies and infrastructure along with its strong financial position. Together, our companies will leverage the enhanced expertise of both organizations to bring innovative technology and service solutions to the foodservice and private fleet industries and the transportation industry as a whole.”
Cadec has been offering foodservice and private fleets technology-driven solutions since 1976. It said it was the first to offer Federal Motor Carrier Safety Administration (FMCSA)-certified automated driver logs, the first to offer fleet management system that interfaced with engine control modules, the first to interface with GPS and the first system with a graphical touchscreen.
Angela Shue, currently chief customer officer for Cadec, will transition to a new role as general manager.
PeopleNet is a Trimble company.
“When Trimble and PeopleNet considered the growth opportunities in the foodservice category, they looked to Cadec,” said Shue. “Our organizations share a visionary and innovative spirit. We are excited to work together to broaden PeopleNet’s presence in the market and bring a new level of safety, compliance and cost reduction solutions to our customers.”
Cadec will be part of the PeopleNet business, which is reported in Trimble’s Mobile Solutions segment. Cadec will continue to operate out of its Manchester office.
