Safe Fleet Acquires Rear View Safety
Safe Fleet has acquired Rear View Safety (RVS), which provides back-up camera systems and video-based road safety solutions to fleets. Financial terms of the purchase were not disclosed.
The Brooklyn N.Y.-based Rear View Safety has been instrumental in driving the rapid adoption of video systems in commercial fleets including government fleets, recreational vehicles, truck, trailer, commercial van, construction, emergency, bus and shuttle, agriculture and industrial vehicles, according to the company.
"We are delighted to welcome the Rear View Safety business into the Safe Fleet family. This acquisition supports our vision to build the leading global provider of safety solutions for fleet vehicles," said John R. Knox, Safe Fleet's president and CEO. "The addition of Rear View Safety expands Safe Fleet's leadership position in specialty video products for fleet vehicles in North America and one of the top suppliers worldwide. The RVS product line is complementary to Safe Fleet's existing video products and positions Safe Fleet as a leading video supplier in all of its fleet end markets."
RVS's headquarters and operations will remain in Brooklyn, and Joseph Schechter will continue leading RVS as vice president.
"Customers will continue to interact with their existing RVS contacts and locations," Schechter said. "We're very excited about joining the Safe Fleet family and working together to provide comprehensive solutions for the safety and security needs of the fleets worldwide."
The RVS acquisition is the sixth for Safe Fleet which was formed in September 2013 when ROM Corporation and SMI Corporation merged.