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DENVER, Aug. 1, 2024 ~ Align Technologies, a leading provider of construction operations solutions, has announced the acquisition of FleetWatcher, a fast-growing fleet and materials management software provider. This move will expand Align's product offerings and provide customers with a comprehensive platform to track tools, equipment, fleet, materials, safety and compliance, as well as manage employee time, attendance, scheduling and payroll.
According to Align CEO Jay Martin, the company is committed to offering top-notch solutions that increase visibility and drive efficiency in all aspects of construction operations. In the past two years alone, Align has added safety, workforce management and wireless tracking capabilities to its construction management platform. The addition of FleetWatcher's cutting-edge telematics solutions for heavy equipment contractors and asphalt paving solutions will further enhance Align's asset tracking offerings and better serve customers with heavy fleet and equipment needs.
Headquartered in Indianapolis, FleetWatcher has been providing innovative fleet and materials management solutions to heavy civil contractors for over 20 years. Their solution collects and analyzes data from equipment and the field to drive performance gains. Their flagship Materials Management Solution is specifically designed for on-road asphalt paving workflows and offers robust functionality that helps paving companies optimize cycle times, reduce trucking costs and increase productivity. Their Construction Management Solution is tailored for heavy civil contractors involved in on-road and off-road projects such as earthwork and site development.
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FleetWatcher Founder, President, and CEO Larry Baker expressed excitement about the acquisition stating that since its inception in 1999, FleetWatcher has been dedicated to providing cutting-edge technological solutions to the heavy civil construction market. He believes that joining forces with Align will offer a compelling value proposition to heavy equipment contractors by providing them with a comprehensive platform to track all their assets from hand tools to excavators while also managing EHS efforts and employee time.
Align Technologies' customer base aligns well with FleetWatcher's customer profile as both companies share a similar mission of creating safer, more productive, and efficient job sites through the use of technology. The combined entity is well-positioned to drive innovation and deliver an enhanced customer experience through the exchange of intellectual property. The Align platform will integrate core FleetWatcher wireless tracking capabilities, while safety and small tool asset management functionality from Align will be added to FleetWatcher's product offering.
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Customers of both Align and FleetWatcher can expect uninterrupted support during the transition. As part of the acquisition, FleetWatcher employees will join Align Technologies, with Jay Martin continuing as CEO of the combined company. The FleetWatcher brand and product will remain in the market as part of the Align suite of products. Additionally, Larry Baker will join the Board of Directors of Align Technologies.
The majority investor in Align Technologies, global private equity firm The Riverside Company, provided additional capital to fund this strategic combination. With this acquisition, Align Technologies is poised for continued growth and success in providing construction operations solutions that drive efficiency and increase productivity for their customers.
According to Align CEO Jay Martin, the company is committed to offering top-notch solutions that increase visibility and drive efficiency in all aspects of construction operations. In the past two years alone, Align has added safety, workforce management and wireless tracking capabilities to its construction management platform. The addition of FleetWatcher's cutting-edge telematics solutions for heavy equipment contractors and asphalt paving solutions will further enhance Align's asset tracking offerings and better serve customers with heavy fleet and equipment needs.
Headquartered in Indianapolis, FleetWatcher has been providing innovative fleet and materials management solutions to heavy civil contractors for over 20 years. Their solution collects and analyzes data from equipment and the field to drive performance gains. Their flagship Materials Management Solution is specifically designed for on-road asphalt paving workflows and offers robust functionality that helps paving companies optimize cycle times, reduce trucking costs and increase productivity. Their Construction Management Solution is tailored for heavy civil contractors involved in on-road and off-road projects such as earthwork and site development.
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FleetWatcher Founder, President, and CEO Larry Baker expressed excitement about the acquisition stating that since its inception in 1999, FleetWatcher has been dedicated to providing cutting-edge technological solutions to the heavy civil construction market. He believes that joining forces with Align will offer a compelling value proposition to heavy equipment contractors by providing them with a comprehensive platform to track all their assets from hand tools to excavators while also managing EHS efforts and employee time.
Align Technologies' customer base aligns well with FleetWatcher's customer profile as both companies share a similar mission of creating safer, more productive, and efficient job sites through the use of technology. The combined entity is well-positioned to drive innovation and deliver an enhanced customer experience through the exchange of intellectual property. The Align platform will integrate core FleetWatcher wireless tracking capabilities, while safety and small tool asset management functionality from Align will be added to FleetWatcher's product offering.
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Customers of both Align and FleetWatcher can expect uninterrupted support during the transition. As part of the acquisition, FleetWatcher employees will join Align Technologies, with Jay Martin continuing as CEO of the combined company. The FleetWatcher brand and product will remain in the market as part of the Align suite of products. Additionally, Larry Baker will join the Board of Directors of Align Technologies.
The majority investor in Align Technologies, global private equity firm The Riverside Company, provided additional capital to fund this strategic combination. With this acquisition, Align Technologies is poised for continued growth and success in providing construction operations solutions that drive efficiency and increase productivity for their customers.
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