Trackunit has acquired Flexcavo. The German company specializes in data-enabled workflow process management through the construction sector enabling contractors and rental companies to increase their efficiency, lower costs and improve the team’s collaboration across construction sites, yards, and headquarters.
“We’re delighted to welcome Flexcavo into the Trackunit group, and this significantly strengthens our offering to contractors and those with mixed fleets,” said Soeren Brogaard, CEO of Trackunit, in a statement. “We’re looking forward to leveraging Flexcavo’s expertise and make sure we’re serving our customers in the best way possible moving forward.”
“We are excited and proud to join forces with Trackunit,” said Flexcavo co-founder Benedict Aicher, in a statement. “Being part of the Trackunit ecosystem allows for a deeper integration into the contractor value chain and beyond.”
Said fellow co-founder Leonhard Fricke in a statement:
“It will boost our developing capabilities significantly so that contractors and rental companies can benefit from even faster feature releases, real-time data across all machinery, and even more automation of processes between site, yard, and headquarters. Making our offering available in other key markets and supporting customers in their digitization efforts will be our key mission going forward.”
Brogaard added that the acquisition should also enable Trackunit to manage the rental/contractor relationship even better in the future.
“It’s adding new capabilities and will allow rentals and contractors to smooth out any hiccups relating to machine usage, efficiencies and productivity,” he said. “It fits with the industry-wide purpose to eliminate downtime and any move that brings us closer to that goal can only make construction better.”
Source: Trackunit