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Vehicle Management Solutions LLC acquires Grant Street Companies, LLC to strengthen presence in Texas and enter Georgia markets

Mar 26, 2024over 1 year ago

Acquiring Company

Vehicle Management Solutions

Acquired Company

Grant Street Companies

Description

Vehicle Management Solutions LLC, a leading provider of end-to-end vehicle management solutions, has announced the acquisition of Grant Street Companies, LLC, a leading provider of police and private property impound vehicle storage management. This strategic acquisition fortifies VMS' position as the leading player in vehicle management services in Texas and marks its entry into the high-growth Georgia market, allowing VMS to provide even greater value to customers across both states.

Company Information

Company

Vehicle Management Solutions

About

United Road Vehicle Management Solutions (UR VMS) is the leading provider of tailored solutions to municipal vehicle management. Proven recored in municipalities throughout the United States.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed