UFOFLEET Acquires FleetMaster from Cox Automotive
Summary
UFOFLEET (part of UFODRIVE Group) has acquired FleetMaster from Cox Automotive to accelerate AI-powered modernization across the fleet and mobility market. The deal will let UFOFLEET scale FleetMaster’s cloud-native platform for rental, leasing and retail and extend its intelligent operating system into new verticals and regions. UFOFLEET says the acquisition doubles its footprint and brings its platform to additional industry leaders across Europe, the Americas and Asia-Pacific. The move follows rapid platform growth since 2023 and positions UFOFLEET to deepen relationships with large fleet customers and partners.
Classifications
industries
Telecommunications
applications
ERP & Process Management
AskAI Classifications
Labels
SaaS
Fleet Management Software
Mobility Software
Linked Companies
UFODRIVE
$1M to $5M