Trapeze Group, a Volaris Group Subsidiary, Signs Agreement to Acquire Mentor Engineering Inc.
January 24, 2013 - TORONTO, ON
Volaris Group (“Volaris”) today announced that its wholly owned subsidiary, Trapeze Group has signed an asset purchase agreement to acquire Mentor Engineering Inc. (“Mentor”) of Calgary, Alberta. The acquisition is expected to close January 31, 2013.
Mentor Engineering provides fleet management hardware and mobile workforce management solutions primarily to the demand response passenger transport and taxi markets. In addition the company provides an easy to use fixed route intelligent transportation solution for smaller transport agencies. These solutions complement Trapeze’s existing enterprise solutions portfolio for passenger transport providing tight integration with in-vehicle hardware and back-office systems.
“We have teamed up with Mentor over the years on various projects and share many mutual customers,” said John Hines, President of Trapeze Group in North America. “The company has deep domain expertise in the public transport market and their hardware is considered to be best in class. We look forward to incorporating Mentor’s strengths and capabilities into the greater Trapeze offering.”
“The passenger transport landscape has evolved considerably over the past few years,” commented Gordon Howell, President, Mentor Engineering. “More and more transport organizations are moving away from standalone solutions towards integrated solutions that tightly link what’s happening in the vehicle with what’s happening on the street and in the back office and operations. Becoming a part of Trapeze enables us to more fully provide that integrated solution to the benefit of our business, our customers and the industry.”
In addition to Mentor’s passenger transport offering, the company has also developed a field service/vehicle asset tracking solution to serve fleet-based industries in Oil & Gas, Construction and Waste, among others. This solution is expected to become part of the AssetWorks enterprise portfolio. AssetWorks, a sister company to Trapeze, has significant experience in delivering enterprise asset management solutions to fleet-intensive industries.
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. Volaris companies provide specialized, mission-critical solutions to vertical markets around the world including Agri-Food, Asset Management and Logistics, Cultural Collections Management, Justice, People Transportation, Marine and Rental Management. Volaris is an operating group of Constellation Software Inc. Learn more at www.volarisgroup.com.
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