Texada Acquires Mobile Software Supplier LogiMove
Texada Software, a software platform for the equipment dealer and rental industry, has acquired LogiMove CheckMobile Global. LogiMove is known for its next-generation mobile no-code/low-code applications for operations and field services in the equipment industry. With this acquisition, Texada adds a powerful new component to its platform which integrates equipment dealers’ and rental companies’ back offices with their service and maintenance operations, and their sales and e-commerce.
LogiMove, based in Reno, Nev., and Hamburg, Germany, is a no-code/low-code application for digitizing and optimizing field operations for heavy equipment dealers and rental companies. LogiMove’s tools are used by industry-leading companies to create fully customizable process solutions that automate field tasks, like inspections, without the need for complex coding.
“This is an extremely exciting time for Texada,” said Matt Harris, Texada CEO. “The addition of the LogiMove solution to Texada’s platform enables us to provide an entirely new set of integrated field solutions helping our customers automate otherwise very time-consuming tasks. Importantly, LogiMove is a proven product being used innovatively by some of the world’s largest rental companies. Adding LogiMove to Texada will be a game changer for our customers and for the equipment rental and dealer market in general.”
“The heavy equipment rental and dealer markets are ripe for innovation since much of the software in use today dates back to the ‘80s and ‘90s, with cumbersome processes and poor customer experience,” said Philipp Weirach, founder of LogiMove. “The Texada platform and broad customer base combined with LogiMove’s mobile-first customer-centric applications make this the most exciting offering in the industry. I am thrilled to have the opportunity to be part of creating this future.”
The Texada platform provides customers with a complete solution for managing equipment rental businesses and equipment assets themselves. Texada solutions integrate an equipment rental company’s back office with its field operations, customer acquisition, and payments, enabling rental companies to have end-to-end control and visibility into their business. LogiMove brings new integrated capabilities enabling powerful field applications such as AI-driven automated pre- and post-rental equipment inspections that demonstrably improve customers’ inspection accuracy and recovery of damage charges.
“There is a large need in the equipment dealer and rental markets for easy-to-use, modern, cloud-based software and we’re excited to acquire such a complementary platform as well as the talented LogiMove team to build a market leader,” said Hugh Kirkpatrick, vice president of Banneker Partners, a major investor in Texada Software. “We know an integrated low-code/no-code solution will add tremendous value for our customers, and we look forward to investing in a shared vision to digitize and transform the equipment industry.”
The acquisition is effective immediately.
For more information about Texada, visit texadasoftware.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.