NexTraq1 is a fleet tracking company based in Atlanta, Georgia, United States. Acquired by Francisco Partners2 in 2009, NexTraq provides Global Positioning System (GPS) vehicle management and fleet tracking.3 The NexTraq Fleet Tracking platform (formerly MARCUS4) is a cloud-based application used by service and distribution businesses to manage fleet operations. Its reporting functionality provides key performance indicators (KPIs).
On Oct 30, 2013, NexTraq was acquired by FleetCor Technologies, Inc.5
On June 14, 2017, it was announced that Michelin acquired the company.6
References
References
- "NexTraq: Private Company Information". Investing.Businessweek.com. Bloomberg LP. 2011. "Research > Stocks > Private" section. Archived from the original on July 1, 2009. Retrieved August 8, 2011.
- MacFadyen, Ken (May 7, 2010). "Francisco Picks Up EF Johnson". TheMiddleMarket.com. SourceMedia/Investcorp. Mergers & Acquisitions section. Retrieved August 8, 2011.
- Baburajan, Rajani (May 2, 2011). "Discrete Wireless Announces Latest Release of MARCUS Application". Gadgets.TMCnet.com. Technology Marketing Corporation. Retrieved August 8, 2011.
- "Discrete Wirleess Becomes NexTraq". Field Technologies Online. July 26, 2011. Articles.
- "Francisco Partners Completes Sale of NexTraq to FleetCor - New York Times". Archived from the original on 2014-01-11. Retrieved 2014-01-10.
- "FleetCor sells Nextraq business to Michelin (NYSE:FLT) | Seeking Alpha". 14 June 2017.