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DALLAS — Generational Group, a number one mergers and acquisitions advisor for privately held companies, is happy to announce the sale of its consumer, Fleet Security Worldwide (FSI) to We Know Coaching. The transaction closed June 10, 2024.
We Know Coaching, headquartered in Edmonton, Alberta, is a technology-enabled, worldwide studying answer supplier. With this acquisition, We Know Coaching has expanded its instructional service choices into the driving force security {industry} and can function a platform for FSI’s continued development and innovation.
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Established in 1986, Fleet Security Worldwide (FSI) is a outstanding supplier of on-line driver schooling and in-vehicle coaching primarily based in Calgary, Alberta. Famend for its analysis and behavior-based driver schooling options, FSI prides itself on setting the driving force coaching normal in Canada.
“Fleet Security Worldwide has been identified for offering industry-leading driver security options for greater than 40 years, and we’re thrilled to welcome them to the We Know Coaching workforce,” mentioned Chris LaBossiere, President and CEO of We Know Coaching. “Since its inception, they’ve seemed to the way forward for driver security, and that dedication to {industry} innovation drew us to them.”
Each corporations will proceed to function inside their respective constructions throughout an integration interval earlier than ultimately transitioning operations and integrating coaching options underneath the We Know Coaching model.
“By bringing collectively our two corporations, we’ve created a construction that provides worth to the driving force security coaching ecosystem by a mixed data base and a broader attain,” mentioned Dr. Randy Flemmer, President of FSI, who will keep on in an advisory capability. “It means extra bench power to innovate and enhance driver security, and elevated capability to equip extra drivers with security abilities and scale back collision charges throughout Canada and past.”
Government Managing Director, Western Area, Lori Galloway and her workforce led by Managing Director of M&A Ted Rattenberry, efficiently closed the transaction. Senior Managing Director Terry Stidham established the preliminary relationship with FSI.
Rattenberry expressed his anticipation in regards to the prospects of the built-in operation: “The collaboration between We Know Coaching and Fleet Security Worldwide will certainly end in continued innovation of personalized coaching options for driver security.”
About Generational
Headquartered in Dallas, Generational is likely one of the main M&A advisory companies in North America.
With greater than 350 professionals positioned all through 17 places of work in North America, the businesses assist enterprise house owners launch their enterprise’s wealth by offering development consulting, merger, acquisition, and wealth administration companies. Their six-step strategy options strategic and tactical development consulting, exit planning schooling, enterprise valuation, worth enhancement methods, M&A transactional companies, and wealth administration.
The M&A Advisor named the corporate Funding Banking Agency of the 12 months three years in a row, Valuation Agency of the 12 months in 2020, and North American Funding Financial institution of the 12 months in 2022 in addition to Consulting Agency of the 12 months in 2022 and 2023. For extra data, go to https://www.generational.com.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20240705887205/en/
Contacts
Jenna Gaston
469-694-8764
jgaston@generational.com
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