Comdata has acquired the assets of Fleet Team Inc., a Delaware-based transaction management software and business systems company specializing in services for the commercial fleet market.

Fleet Team will become an operating unit of Comdata's Merchant Services division, providing point-of-sale systems and related programming for truckstops, convenience stores and automotive retailers. The agreement terms were not disclosed.
The acquisition brings together transaction technology and maintenance records on a vehicle-by-vehicle basis for fleet managers. For instance, when tires are purchased for a vehicle, that piece of maintenance history is captured, along with the purchase, in a set of comprehensive reports that track maintenance activity and costs, company officials say.
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