Omnitracs, LLC

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Omnitracs, LLC - overview

Established

1998

Location

Dallas, TX, US

Primary Industry

Software

About

Omnitracs, LLC is a US-based company specializing in fleet management solutions, utilizing advanced technologies to enhance operational efficiency, driver satisfaction, and regulatory compliance for various transportation sectors. Founded in 1988 in Dallas, US, Omnitracs, LLC provides fleet management software solutions. The company was acquired by Solera Holdings, Inc. in June 2021, facilitating its integration into a broader platform for fleet safety, productivity, and maintenance.


The current CEO is Bruce Van Den Eng, supported by Zubair Sheikh. The company's funding history includes a recent BUYOUT round of USD 800. 00 mn led by Vista Equity Partners, culminating in a total amount raised of USD 800. 00 mn.


Omnitracs specializes in providing comprehensive fleet management software solutions that integrate advanced technologies such as artificial intelligence and machine learning. Their core offerings include modules for driver workflow, safety and security, routing and dispatching, compliance management, and data analytics. These solutions are designed to enhance operational efficiencies, improve driver satisfaction, and ensure compliance with regulations across various transportation sectors. Omnitracs serves a diverse client base, including commercial trucking companies, public administration, and distribution services, primarily in North America, with additional penetration into markets such as Canada and Mexico.


Omnitracs generates revenue through a subscription-based model, where clients pay for access to its suite of fleet management solutions, with total revenue for the most recent year reported at USD 372,000,000. The transactions typically occur via annual or monthly subscriptions, fostering long-term partnerships with clients who rely on these tools for optimizing their fleet operations. In May 2021, Solera Holdings, Inc. acquired Omnitracs, LLC, with the aim of enhancing its offering to include comprehensive safety, productivity, and maintenance solutions for commercial fleets.


The integration of Omnitracs into Solera's platform is expected to support ongoing development of new products and expansion into additional markets, focusing on delivering innovative solutions that address the evolving needs of the fleet management landscape.


Current Investors

Vista Equity Partners, Solera Holdings, Inc., Goldman Sachs Asset Management

Primary Industry

Software

Sub Industries

Consulting Services, Analytics & Performance Software, Logistics Software

Website

www.omnitracs.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Omnitracs, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedOmnitracs, LLC-
Add-on, Trade SaleCompletedSmartDrive Systems, Inc.-
Add-onCompletedVisTracks, Inc.-
Add-onCompletedBlue Dot Solutions, Inc.-
Add-onCompletedShaw Tracking-

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Omnitracs, LLC - key contacts

NamePositionStart DateEnd DateVcardBio 
Board Member COOBM

BM Board Member

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