Bestpass acquired Fleetworthy Solutions, enabling Bestpass to offer a comprehensive suite of services that cover all aspects of tolling, compliance, and safety for commercial fleets of all sizes.
“We’re thrilled to welcome Fleetworthy to the Bestpass family,” says Tom Fogarty, CEO of Bestpass. “We know fleet and driver safety is a top priority with our customers. It’s why we sought collaboration with a premier provider to incorporate safety and compliance solutions into our comprehensive range of services. Fleetworthy emerged as the ideal partner, and we eagerly anticipate the valuable contributions this integrated offering will make for our customers.”
“The combination is a strategic move that will offer a more comprehensive and integrated solution to customers while also expanding our market opportunity,” adds Fogarty. “Fleetworthy and Bestpass share the vision of simplifying and streamlining the complex and ever-changing challenges of tolling, compliance, and safety for commercial fleets. Together, we will be able to deliver more value and innovation to our customers and the industry.”
“Fleetworthy is excited to join forces with Bestpass, a leader and innovator in the toll management space,” says Michael Precia, president and CEO of Fleetworthy. “We have been impressed by Bestpass' growth and success, and we share their commitment to customer satisfaction and excellence. By combining our complementary strengths and capabilities, we will be able to offer a unique and powerful solution that will help our customers go beyond compliant and achieve optimal outcomes for their fleets. We look forward to working with the Bestpass team to create an industry leader and more powerful and comprehensive solution set.”
Key takeaways:
- The acquisition will allow Bestpass to provide a one-stop shop for fleets for all tolling, compliance, and safety needs of commercial fleets leveraging Fleetworthy's expertise and technology. Bestpass will also be able to expand its customer base and geographic reach by offering Fleetworthy's solutions to existing and new clients.
- Bestpass covers 100% of major toll roads across the United States, supports more than 30,000 customers, and processes over $1.5 billion in toll transactions annually. Bestpass offers a range of toll coverage options for owner-operators, regional fleets, and national fleets, as well as customized solutions for specific needs.
- Fleetworthy Solutions is a provider of fleet management and compliance solutions for the transportation industry, and offers related compliance-focused services, including vehicle and driver safety compliance, audit support, and extended fleet services.
