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Transit Technologies completes acquisition of TripShot to redefine transportation services

PRIVATEMar 04, 2024

Acquiring Company

Transit Technologies

Acquired Company

TripShot

KnoxvilleSilicon ValleySoftwareTransportationSoftwareTransportationFleet Management

Description

Transit Technologies, a visionary in transforming public and private mobility, has officially acquired TripShot, a leading fleet management software company. This acquisition will redefine the standards of transportation services and fleet management by further integrating technology solutions into Transit Technologies' comprehensive mobility platform.

Quick answer

Transit Technologies is acquiring TripShot, announced March 4, 2024. Transit Technologies is based in Knoxville, Tennessee, United States.

How much did Transit Technologies pay for TripShot?
The deal value was not disclosed.
What does Transit Technologies do?
Transit Technologies is at the forefront of revolutionizing mobility, connecting communities, empowering individual journeys, and eliminating the transit equity gap.
Where are Transit Technologies and TripShot based?
Transit Technologies is based in Knoxville, Tennessee, United States. TripShot is based in Silicon Valley, California, United States.
Who are the decision-makers at Transit Technologies?
Fundz holds 1 contact at Transit Technologies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Transit Technologies

Location

2035 Lakeside Centre Way

Knoxville, Tennessee, United States

About

Transit Technologies is at the forefront of revolutionizing mobility, connecting communities, empowering individual journeys, and eliminating the transit equity gap. Since its inception, the company has been dedicated to blending powerful technology to optimize routes, ensure timely schedules, and empower riders, drivers, and fleet managers with safe and innovative mobility and transit operations solutions.

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Frequently asked

Who acquired TripShot?

TripShot was acquired by Transit Technologies, based in Knoxville. The deal was reported on March 4, 2024. Transit Technologies is at the forefront of revolutionizing mobility, connecting communities, empowering individual journeys, and eliminating the transit equity gap. Transit Technologies is privately held and operates in Software.

When did Transit Technologies acquire TripShot?

Transit Technologies's acquisition of TripShot was reported on March 4, 2024. Transit Technologies, a visionary in transforming public and private mobility, has officially acquired TripShot, a leading fleet management software company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TripShot do?

TripShot is a leading fleet management software company known for its powerful platform in public and private commuter transportation. It is privately held, operating in Software, and is based in Silicon Valley.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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