Microlise Group plc, a leading global provider of telematics and fleet management solutions, has today announced its acquisition of SaaS based Transport Management System (TMS) specialist Vita Software. With a good reputation across the industry, Vita’s software will enhance the Group’s value proposition for transport operators.
With over 35 years of combined operation and support experience in logistics and retail sectors, Vita provides informed and logical solutions to everyday transport challenges. The company’s portfolio of TMS software has evolved over the past decade and caters to a diverse range of logistics companies.
Providing a set of order management solutions to fleet logistics operators – including resource and transport costing, subcontractor management and invoicing solutions – the acquisition of Vita will expand Microlise’s suite of transport technology solutions and is expected to immediately enhance earning. Business and product integration will begin immediately, and all existing staff are being retained.
The acquisition will facilitate significant opportunities for both up-selling and cross-selling, embedding Microlise even further into its existing customers’ operations. The software-only system is applicable to fleets of all sizes, supporting the Groups’ strategy to expand its value proposition further into medium sized fleets, with an enriched product offering.
Speaking on the new acquisition, the Group’s CEO, Nadeem Raza, said:
“We are excited to announce the acquisition of Vita Software, as part of our strategic plans to grow the Microlise product portfolio. This is the first of a number of targeted acquisitions that are being progressed, driving our long-term plan to offer a comprehensive suite of solutions that cater to fleets of all sizes across our strategic geographies.
“Through combining TMS technology with our existing offerings, we are providing our customers with an accessible and enriched end-to-end solution that is designed to optimise operations, increase cost visibility, and improve profitability.
“We remain committed to delivering innovative products and services that add value to our customers’ businesses, and we look forward to leveraging our expanded capabilities to achieve further growth and success.”
This is the Group’s second acquisition following its purchase of TruTac Limited in 2019.