Fleet Complete Buys Ecofleet

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Strategic purchase advances Fleet Complete’s European expansion.

Fleet Complete has announced its acquisition of Ecofleet, a fleet telematics provider in the Nordic and Baltic regions.

This is Fleet Complete’s second acquisition in Europe since ITmobile in 2016 (now operating as Fleet Complete Europe), establishing a presence in the Netherlands, Belgium, Luxemburg, Austria and, recently, Germany.

Ecofleet offers mobile asset management solutions in Denmark, Finland, Sweden, Norway, Estonia, Latvia, and Lithuania, and has over 80,000 subscribers across small-to-medium businesses and large enterprise fleets.

“Ecofleet has a tremendous team of professionals, amazing product and innovative technology, which we look forward to incorporating into our global offering,” said Tony Lourakis, CEO of Fleet Complete. “Leveraging Ecofleet’s immense success and combining it with Fleet Complete’s expansive IoT infrastructure and mobile carrier partnerships, we will be able to establish a powerful global IoT platform that will help more fleet-owning businesses around the world thrive.”

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