Command Alkon to Acquire Trimble’s Construction Logistics Business
Telematics supplier Trimble and Command Alkon announced this week that Command Alkon, a Thoma Bravo portfolio company and leading provider of a supplier collaboration platform for construction’s heavy work, has entered into a definitive agreement to acquire Trimble’s construction logistics business. The transaction is expected to close in the fourth quarter of 2020. Financial terms were not disclosed.
The acquisition will combine the best of Trimble construction logistics telematics solutions with Command Alkon’s leading fleet and workforce management offerings for the heavy work community. Trimble’s construction logistics solutions provide ready-mix and aggregates delivery managers with tools to track, schedule, route and communicate across the fleet for efficient delivery of products. Fleets benefit from automated real-time vehicle location and status, turn-by-turn navigation, monitoring and diagnostics as well as business analytics and reporting.
Command Alkon leads the industry with its technology solutions for heavy material suppliers, haulers, and contractors in the heavy civil construction space. The company has developed a robust suite of solutions that span the industry’s value chain, and provide mission-critical technology for its customers.
“As we work on the execution of Trimble’s Connect and Scale 2025 strategy, we are continually evaluating our portfolio of businesses,” said Rob Painter, president and CEO of Trimble. “As we refocus our efforts on the company’s core construction capabilities, Command Alkon is an ideal fit for this opportunity with ready mix and aggregates business being key focus areas for their portfolio of offerings.”
“Command Alkon is committed to delivering solutions that digitize and innovate the heavy work industry, and this transaction delivers on that promise,” said Phil Ramsey, CEO of Command Alkon. “Consistent with our strategy, this acquisition will allow for more robust, lasting solutions and deliver valuable insights that drive increased efficiencies and improved decision-making across our customers’ fleets.”
Trimble’s construction logistics business has been reported as part of the Building and Infrastructure Segment. The sale will not have a material impact on Trimble’s segment or overall financial results.
Command Alkon is headquartered in Birmingham, Alabama and has offices in locations around the globe. For more information, visit: commandalkon.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.