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NewsMarch 26, 2015

Telematics Provider GreenRoad Secures $26M in Funding

GreenRoad has raised $26 million in growth capital in an investment round led by Israel Growth Partners with participation from existing investors.

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NewsJanuary 16, 2015

Cartrack Listed on Johannesburg Stock Exchange

Cartrack, fleet management and insurance telematics group, became the 23rd company to list in 2014 on the Main Board of the Johannesburg Stock Exchange in the Support Services sector.

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NewsNovember 18, 2014

Element's PHH Arval Acquisition Boosts Quarterly Revenue

Element Financial boosted revenue in the quarter ending Sept. 30 by 120 percent largely due to its acquisition of PHH Arval from PHH Corp. in July, the company has announced.

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NewsOctober 13, 2014

Fiat Chrysler Automobiles Shares Begin Trading on NYSE

Fiat Chrysler Automobiles began trading shares on the New York Stock Exchange on Oct. 13, as the final cementing of the Fiat-Chrysler marriage that was finalized in January.

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NewsSeptember 22, 2014

Tesla Needs $6B to Make 100K Cars

Tesla’s shares took a hit after an analyst from Goldman Sachs pointed out the electric vehicle company needs $6 billion worth of capital for growth over the course of the next 11 years.

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NewsSeptember 17, 2014

FedEx Quarterly Profit Surges 24% to $606 Million

Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.

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NewsAugust 19, 2014

FleetCor to Acquire Comdata for $3.45B

Fleet fuel card provider FleetCor Technologies will acquire competitor Comdata for $3.45 billion under an agreement announced last week.

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NewsJuly 1, 2014

Investors Acquire Top South African Parcel Delivery Company

A private equity consortium has acquired 80 percent of Africa’s largest privately-owned parcel distribution company RTT.

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NewsJune 20, 2014

Element's Senior Managers Help Finance PHH Arval Acquisition

Element Financial Corp.'s senior management team and Board of Directors has purchased $11.2 million in Element securities to help finance the Canadian fleet financier's acquisition of PHH Arval.

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NewsJune 13, 2014

Comdata Seeks to Raise $855M In Financing

Payment processor Comdata is seeking to raise $855 million in debt financing as part of a plan to retire some of its parent company's debt ahead of the Comdata initial public offering.

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