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Company profile: TruTac

1.1 - Company Overview

TruTac Logo

TruTac

Headquarter: United Kingdom
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of logistics and transport compliance software: web-based tachograph analysis and reporting (TruControl, TruAnalysis PSV for PSV fleets), time and attendance via digital tachograph cards (TruTime), driver daily vehicle checks and defect reporting (TruChecks), driving licence verification against DVLA (TruLicence), and real-time vehicle tracking, remote tachograph downloading, and telemetry (TruLocation).

Products and services

  • TruChecks: Mobile app enables drivers to conduct daily vehicle inspections and report defects, engineered to ensure compliance with DVSA requirements for defect management
  • TruControl: Web-based and automated, it analyzes tachograph data and produces compliance reports, engineered specifically to manage transport compliance for operators
  • TruLocation: Real-time tracking solution that shows vehicle locations, enables remote tachograph downloading, and supplies telemetry data for fleet visibility

Key contacts

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Financial details

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1.2 - Competitors and similar companies to TruTac

Fargo Systems Logo

Fargo Systems

HQ: United Kingdom Website
  • Description: Provider of software and services for the transport and logistics industry, including TOPS transport management for multimodal cargo consolidation with route optimization, cost analysis and fleet management; mobile telematics for orders, status, GPS and ePOD; TOPS.WEB portal for supply chain transparency; TOPS Anywhere mobile access; and CYMAN for container depots, yards and terminals with asset sales, leasing, repairs and rail planning.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Fargo Systems company profile →
Revenova Logo

Revenova

HQ: United States Website
  • Description: Provider of CRM-powered, cloud-based transportation management systems built on Salesforce for 3PLs, freight brokers, carriers and shippers. Features multimodal planning, pricing and capacity management, plus Fleet Operations for asset management, route planning, dispatch, incident management and driver pay, and a Brokerage module to manage customer and carrier relationships and integrate with other Salesforce applications.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Revenova company profile →
Hermes Logo

Hermes

HQ: United Kingdom Website
  • Description: Provider of consumer parcel delivery services to home and work, with ParcelShop and Locker drop-offs, courier collection (1-hour estimated time of arrival), and parcel tracking. Includes Standard Delivery (2–3 working days via ParcelShop; 3–5 via courier collection) and Next Day Delivery (1 working day if dropped at a ParcelShop or Locker before 12pm). Over 8,500 ParcelShops and over 1,500 24/7 Lockers across the UK.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Hermes company profile →
ShipTrack Logo

ShipTrack

HQ: Canada Website
  • Description: Provider of a cloud-based logistics management platform for tracking, dispatch, and operations management with customizable workflows, featuring real-time dispatch to drivers’ devices, route optimization, a mobile app for iOS and Android, a self-service client portal for job creation, tracking, label printing and reporting, and an administration portal for workflow configuration, user management, analytics and reports.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full ShipTrack company profile →
BedaBox Logo

BedaBox

HQ: United States Website
  • Description: Provider of services that simplify shipping from the USA, helping people worldwide buy products in the USA and ship them globally.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full BedaBox company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for TruTac

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to TruTac

2.2 - Growth funds investing in similar companies to TruTac

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4 - Top valuation comps for TruTac

4.2 - Public trading comparable groups for TruTac

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4.3 - M&A Transactions similar to TruTac

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About TruTac

What does TruTac do?

TruTac is a provider of logistics and transport compliance software: web-based tachograph analysis and reporting (TruControl, TruAnalysis PSV for PSV fleets), time and attendance via digital tachograph cards (TruTime), driver daily vehicle checks and defect reporting (TruChecks), driving licence verification against DVLA (TruLicence), and real-time vehicle tracking, remote tachograph downloading, and telemetry (TruLocation).

Who are TruTac's competitors?

TruTac's competitors and similar companies include Fargo Systems, Revenova, Hermes, ShipTrack, and BedaBox.

Where is TruTac headquartered?

TruTac is headquartered in United Kingdom.

How many employees does TruTac have?

TruTac has 1,000 employees 🔒.

When was TruTac founded?

TruTac was founded in 2010 🔒.

What sector and industry vertical is TruTac in?

TruTac is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for TruTac

Who are the top strategic acquirers in TruTac's sector and industry

Top strategic M&A buyers and acquirers in TruTac's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for TruTac?

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Financial Investors investing in TruTac's sector and industry vertical

Which are the top PE firms investing in TruTac's sector and industry vertical?

Top PE firms investing in TruTac's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in TruTac's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in TruTac's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in TruTac's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to TruTac include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in TruTac's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for TruTac?

The key public trading comparables and valuation benchmarks for TruTac include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for TruTac for public valuation benchmarks?

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What are recent M&A transactions in TruTac's sector and industry vertical?

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What are recent capital raises and funding rounds in TruTac's' sector and industry vertical?

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