Tech firm swoops for West Midlands rival

Nottingham telematics and transport management solutions business Microlise has acquired TruTac, the Coventry-based provider of fleet compliance and management software for HGVs, for an undisclosed sum.

TruTac, which was established in 1990, operates throughout the UK and Ireland. Its online product suite allows operators and transport managers to simplify and streamline tachograph and compliance management via an easy-to-use portal.

Microlise CEO Nadeem Raza said: “We are delighted to announce this acquisition and we welcome the TruTac team to Microlise. This union strengthens our presence in both the HGV and PSV sectors, and complements our group offering of real-time fleet management systems to enable smarter and more accurate operational decisions.

“We have identified strong synergies between the businesses, particularly across the development of new products and services. We look forward to actively pursuing our ongoing mutual success.”

Terry Ramsey, managing director of TruTac, added: “I am proud of everything TruTac has achieved in becoming the UK’s compliance software market leader and this is great news for both old and new HGV and PSV customers. Microlise and TruTac are guided by the same ethos and passion for transport and this union is a positive one. Combining our expertise will deliver greater customer and partner value across the commercial and passenger transport industries.

“I look forward to accelerating the development of new products and services and to entering new markets with a strengthened and complementary fleet management offering.”

Microlise, which has its headquarters in Eastwood, won a Queen’s Award for Innovation last year.