Omnitracs, LLC ("Omnitracs"), a global pioneer of fleet management solutions to transportation and logistics companies, announced its acquisition of VisTracks, a leading provider of device-agnostic, SaaS-based compliance solutions to the transportation and logistics industry. HMB represented VisTracks' founder, Stephen G. Eick, in the transaction.
The VisTracks architecture provides a lightweight, mobile device-based and cloud-enabled solution, which will allow Omnitracs to quickly go-to-market with OEM-integrated solutions. Omnitracs is preparing to release early versions of the integrated software in late 2020.
HMB's team was led by Corporate Partners Jim J. Jerue and Brett M. Winterstein. Learn more about HMB's Mergers and Acquisitions practice here.