FW: Will Omnitracs be the next big private equity deal?

deal or no deal© Anutr Yossundara

© Anutr Yossundara

By LoadstarEditorial

15/06/2019

FreightWaves writes: “Vista Equity Partners is still trying to sell Omnitracs, the fleet management software and hardware company it acquired for $800 million in a November 2013 leveraged buyout. After two canceled deals in December 2015 and June 2017 – in that second deal, Vista rejected a $2bn offer from strategic buyer Continental Tire – Omnitracs is again entertaining bids.”

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FreightWaves Omnitracs private equity Vista Equity Partners FedEx

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