Isotrak Group, the Northampton-based provider of technology enabled fleet management and telematics solutions to customers in the UK, EU, Australia, and North America, has today announced it is rebranding under the new Group name of Connexas.
Following its successful acquisitions of Verilocation and Alcolock GB, the Group’s technology solutions now span journey and delivery management, integrated, high-definition and real-time camera systems and breathalyser immobilisation together with an array of mobile applications.
Increasingly recognised for its market-leading technology and exceptionally high-levels of customer service, the Connexas Group’s focus is now firmly on key market sectors where commercial vehicle fleets and assets can be maximised to enable greater productivity, safety and regulatory compliance. The core market verticals for the Group now include; logistics & parcel, food & pharmaceutical, retail, passenger and construction.
Jim Sumner, Group Executive Chairman commented, “The last 2 years has seen the Group transformation programme come of age, with record results announced for our fiscal year 2018. With EBITDA of £4.8m or 32% of sales, along with a 70% recurring revenue base, this shows the significant strength of the business and growth in our forward order book. Together with a major deal secured with the second largest Telco in Australia to complement our growing OEM partnerships, this bodes well in an ever-growing and expanding marketplace. Rebranding the Group to Connexas also leaves behind a historical focus on pure telematics and paves the way to lead in a market increasingly recognised for connected fleet management technology and mobile worker solutions”.
Andrew Overton, CEO of Connexas Group said “Our market-leading technology stack is built on a modern, fully integrated and scalable architecture, enabling us to provide our customers with an end-to-end connected vehicle and asset fleet management solution. Being at the forefront of connected vehicle technology is seeing us make exciting developments in the field and application of AI innovations, which we are currently trialling with a number of our major customers across our Geographies. Whilst signalling our new market and technology focus under the Connexas brand, the Group will continue to use the Isotrak, Verilocation and Alcolock GB as product brands to differentiate our product offering, with future acquisitions expected to further add and expand our brand and product suite”.
About Connexas
The Connexas Group (formerly the Isotrak Group), consisting of Isotrak, Verilocation and Alcolock GB, provides complementary and integrable fleet management and mobile worker solutions to customers in the UK, EU, Australia and North America. With our industry-leading technology solutions spanning full journey and delivery management, high definition camera systems and driving performance applications, we empower fleets of any size become smarter, safer and more efficient. To find out more, visit www.connexas.com.
