Deals

H2 Equity Partners acquires RAM tracking

Provider of award-winning vehicle tracking, fleet management and connected dash cam solutions

Background

Headquartered in Leeds, RAM is a market-leading telematics business with operations in the UK and Canada. Its unique and innovative SaaS proposition provides its predominantly SME client-base with a wealth of valuable data and reporting to help manage their fleets more efficiently. The business has grown significantly in recent years and today has over 85,000 vehicle tracking devices and cameras installed under multi-year contracts, with payment taken via monthly direct debit.

Deal Summary

H2 Equity Partners acquired a majority stake in RAM Tracking, a Leeds-based provider of vehicle tracking, fleet management, and connected dash cam solutions. RAM Tracking offers SaaS solutions that deliver valuable data and reporting to help small and medium-sized enterprises (SMEs) manage their fleets more efficiently. ​
Under H2's ownership, RAM expanded its service offerings by enhancing its tracking and camera solutions with additional SaaS products designed to support the digitalization of fleet and workforce management. Significant investments were made in sales, marketing, and research and development, complemented by two strategic acquisitions.

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David Browne

Provantage Corporate Finance

T: + 44 (0) 7879 431343

Sally Saunders

Provantage Corporate Finance

T: + 44 (0) 7876 200840