Trapeze Group and AssetWorks Expand Solution Offerings with Acquisition of Mentor Engineering Inc.
(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 01 February 2013
Release date- 31012013 - TORONTO, ON - Volaris Group ('Volaris') today announced that its wholly owned subsidiary, Trapeze Group ('Trapeze') has completed the acquisition of the assets of Mentor Engineering Inc. ('Mentor) of Calgary, Alberta.
The acquisition provides both Trapeze Group and its sister company, AssetWorks, with an expanded enterprise solution portfolio for their respective markets.
Mentor provides fleet management hardware and mobile workforce management solutions to the Passenger Transport industry. These solutions complement Trapeze's existing enterprise solutions portfolio providing tight integration with in-vehicle hardware and back-office systems.
In addition, Mentor has a field service/vehicle asset tracking solution to serve fleet-based industries in Oil & Gas, Construction and Waste, among others. This solution is expected to become part of the AssetWorks enterprise portfolio offering.
'We encourage and support our companies as they look to grow their businesses whether that is through new product development, initiatives or acquisitions like this one,' said Mark Miller, CEO, Volaris Group. 'It's great to see two of our companies in different markets working together so closely on this acquisition. It really demonstrates the collaborative nature of our overall network of companies.'
'The real winners with this acquisition however are the customers,' continued Miller. 'They now have a new home - whether that is with Trapeze Group of AssetWorks - where the people are passionate about what they do and are focused on delivering quality technology solutions to meet the unique needs of their specific industry.'
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Benefits Administration, Cultural Collections Management, Justice, People Transportation, Marine and Rental Management. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com.
About Trapeze Group
Trapeze delivers solutions that consider the full 360 degrees of passenger transport. Whether addressing the needs of a single department, an entire organization, or the community, Trapeze provides some of the most advanced software, intelligent transportation systems and mobile technologies in the industry. Hundreds of government and commercial organizations across North America, Europe and Asia Pacific have turned to Trapeze to realize efficiencies, enhance the quality and scope of their services, and safely transport more people with less cost. Please visit http://www.trapezegroup.com
AssetWorks is a leading supplier of fleet Enterprise Asset Management (EAM) software and implementation services and Automated Fueling Systems in North America, with more than 500 software customers, including private fleet operators in the Utility and Trucking industries as well as City, County, State and Federal organizations that manage large fleets. AssetWorks solutions enable fleet organizations of all sizes to improve maintenance practices, streamline operations, and improve accountability for mission-critical transportation assets. For more information, please visit http://www.assetworks.com
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