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Think3 Acquires Mobile Workforce Management Specialist StreetSmart
Wednesday 11 December 2019

11 December 2019 - US-based mobile workforce management solution StreetSmart has been acquired by Texas, US-based private equity fund Think3, the company said.

Think3 is focused on buying, strengthening, and growing software companies.

StreetSmart serves over 6,000 companies with its mobile workforce management solutions. StreetSmart improves transparency and accountability for mobile workforces, and helps companies keep track of and protect their field operations.

The company's mobile applications process more than 24m forms, 12m Geo-fences, 9m jobs, and 6m shift annually.

StreetSmart customers will now be enrolled in the Think3 Customer Success program, ensuring they receive the highest level of customer service, best practices consultation, product delivery, and technical support.

This programme is a proven method for building strong customer partnerships and aligning product development with customer priorities.

StreetSmart will also become a key component of the Think3 PRIME solution giving customers the opportunity to utilize software across the portfolio at no additional charge.

Andy Tryba, Think3 founder, with more than 20 years of experience managing global companies for growth and profitability, is the new CEO of StreetSmart.

Think3 is a USD 1bn private equity fund focused on buying, strengthening, and growing software companies. Think3, and affiliated companies, have purchases and strengthened over 75 enterprise software companies over the past 15 years.
Details
Date Published: 11/12/2019
Target: StreetSmart
Country: USA
Sector: Computer Software
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: Think3
Comment:
Terms of the deal were not disclosed

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