TMW Systems Inc., among the largest providers of enterprise management software to the transportation industry in North America, said it has acquired TMT Software Co., a leading provider of transportation
fleet maintenance software.
The acquisition of TMT Software further enhances TMW Systems' leadership position in the transportation industry by increasing the company's size to more than 1,500 customers and driving annual revenues in excess of $56 million. Together, the two companies share more than 235 customers, and actively serve more "Top 100" carriers than any other software provider in the North American market.
Going forward, the combination of the two companies will give fleet operators of all sizes and in every segment, improved access to fleet maintenance software. This follows TMW Systems' strategic objective of simplifying operations for customers by continually providing greater integration of various business functions.
In addition, the more than 325 employees in the new, combined entity represent the industry's greatest source of skills and expertise for technology solutions.
"TMT Software has been a long-time business partner of TMW Systems, and this combination creates a unique opportunity for both TMT and TMW customers," said David W. Wangler, president and CEO of TMW Systems. "TMT customers will benefit from complementary products and the resources of North America's largest provider of enterprise software to the transportation industry. TMW customers can look forward to even more robust fleet maintenance solutions. With more than 550 customers, managing 1.1 million pieces of equipment, TMT is a fleet maintenance software market leader in trucking, construction materials, waste, and municipal markets," Wangler added.