Teleo Capital is integrating the long-time mapping and technology company Rand McNally that it acquired in 2020 with the recently acquired Australian company Fleetsu. Rand McNally has acquired Fleetsu to combine its fleet business with Fleetsu’s platform, data, and analytics capabilities with the goal of building a global enterprise that provides fleets with innovative technology solutions.
The new Rand McNally will aid fleet operators to maximize business productivity by providing access to real-time, on-the-road data, providing valuable insights into topics such as driver location and safety, engine performance, and vehicle efficiency.
“Fleetsu is a great addition to Rand McNally’s already strong hardware, navigation, logistics, and publishing businesses,” said Aaron Dannenbring, CEO of Rand McNally.
Fleetsu’s founder Jakub Felinski will join Rand McNally as Chief Innovation Officer, and he is looking forward to combining efforts “with Rand McNally’s strong navigation and transportation expertise, as well as our deep bench of engineers focused on technology data solutions.”
Fleetsu has won several very high-profile fleet customers in recent years, including Toyota Motor Corporation in Australia. To launch Toyota Halo’s connected fleet management platform in 2021, Toyota selected Fleetsu as the platform. The company’s other customers include Avis, Budget, and Cummins.
