Fleetio acquired Auto Integrate, while also closing of over $450 million to finance the acquisition.
This strategic union creates a platform designed with customer-centricity to serve fleet operators of all sizes across North America. The combined entity will service over eight million vehicles and process more than 13 million repair orders per year through its network of over 110,000 repair shops across the United States, Canada, and Mexico.
“This acquisition is transformative for our ability to equip customers with the simplest and most efficient solution for fleet maintenance and management,” says Jon Meachin, CEO, Fleetio. “By bringing together Fleetio’s comprehensive fleet optimization capabilities with Auto Integrate’s specialized maintenance authorization network, we’re creating a truly customer-focused, end-to-end solution that addresses the most critical pain points fleet operators face today.”
Auto Integrate’s software enables repair shops to electronically submit repair orders for approval, reducing vehicle downtime and improving operational efficiency. This capability will fully integrate with Fleetio’s comprehensive platform, creating a seamless experience for businesses managing complex maintenance operations.
“Our customers have consistently asked for a more integrated approach to maintenance management,” says Terry Bartlett, CEO, Auto Integrate, who will join Fleetio’s executive leadership team. “By joining forces with Fleetio, we’re able to deliver exactly what they need – a unified platform that eliminates communication barriers between fleet operators and repair facilities and ultimately keeps vehicles on the road longer at lower costs.”