September 26, 2016 03:31 PM Eastern Daylight Time
EAGAN, Minn.–Explore Information Services, LLC, a wholly owned subsidiary of Solera Holdings Inc., announced today that it has acquired Transportation Performance, Inc. (TPI), the market leader in fleet driver performance intelligence, and compliance, safety and accountability (CSA).
“This acquisition will accelerate Explore’s mission to provide fleet owners with the most comprehensive set of data and analytics tools to improve the safety and performance of their drivers, and reduce business losses,” said Tom Eggenberger, Managing Director of Explore.
Founded in 1989, Explore has been a part of the Solera family of companies since 2011, and has become the largest driver monitoring business in North America. In 2013, the company expanded into commercial fleet driver monitoring with the launch of its SuperVision product, and today is the industry’s largest fleet driver monitoring company.
“Combining SuperVision, the leading driver monitoring tool, with TPI’s rich integrated business intelligence will allow fleet carriers to manage driver performance and compliance through a single suite of products,” Eggenberger said.
TPI was founded in 2007 and is a market leader in CSA, safety and driver performance. The company’s unique SaaS solution integrates data from a fleet carrier’s telematics vendor, transportation management system and employee system to provide data-driven insights that improve safety and business performance.
“We look forward to joining the Explore and Solera teams,” said Mark Martin, TPI President. “The combined capabilities of our two organizations will allow us to address our customers’ needs for compliance and performance more holistically.”
About Explore Information Services, LLC.
Explore is the largest provider of driver violation monitoring to the insurance and transportation segments in the United States, monitoring drivers across all 50 states. Explore is headquartered in Eagan, MN. It is wholly owned by Solera Holdings, Inc., a global leader in cognitive technologies for the automotive and home ownership ecosystem.
About Transportation Performance, Inc.
Transportation Performance Inc. is located in Buckeye, AZ. TPI provides transportation fleets with business intelligence to improve driver safety and productivity. The company’s solutions include Driver Performer, CSA Performer, Safety Performer and HazMat Informer.
Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global technology leader in intelligent data and software systems that digitally transform the ways we manage life’s most important assets. Solera’s solutions and services bring together consumers, insurers, banks, governments, manufacturers, owners, wholesalers, retailers, and service and repair industries, into digitally unified ecosystems that enable the management, protection and security of assets throughout their lifecycles. For more information, please visit www.solera.com, or connect with us at fb.com/solerainnovation. Solera is also on Twitter @solerainc and Instagram @soleraworks. To learn more about our elite innovation teams, please visit r3pi.io, fb.com/solerar3pi or on Instagram @solerar3pi.
Explore Information Services, LLC
Chad Lindholm, 651-405-4272
Director, Fleet Product and Marketing