The Bulgarian Fleet Services Ltd., owner of GPS Bulgaria and GPS Systems Macedonia, has acquired 100% of the share capital of Mobiliz Bilgi ve İletişim Teknolojileri A.Ş. (Mobiliz), a leading telematics operator in Turkey.
Fleet Services Ltd. acquired the company from Mediterra Capital – a private equity firm with focus on mid-market and SME investments in Turkey.
Fleet Services’ decision to acquire Mobiliz is driven by the strong position of the company on the Turkish market, its solid performance and the favourable market environment fostering further innovation and technological development. With its rapid growth and technological innovations, Mobiliz, is one of the pioneers of the vehicle tracking systems sector in Turkey with more than 15 000 business clients.
“Thanks to Turkey’s vast IT and engineering talent, the acquisition of Mobiliz will allow us to speed up the deployment of new applications, to reduce time to market and to further expand to adjacent countries, Europe, Asia and Africa. It is our ambition to play a key role in the innovations for the automotive industry based on big data analyses and development of Industry 4.0 and 5G applications. With the acquisition of Mobiliz we have under management more than 450 000 vehicles in 3 countries of operations – Turkey, Bulgaria and North Macedonia and 12 countries through partnerships- Egypt, Azerbaijan, Germany, Austria, Bahrain, Kuwait, Iraq, Saudia Arabia, UAE, Nigeria, Oman and Qatar, stated Nikolay Kichev, Chairman of the Board of GPS Bulgaria and Mobiliz.
GPS Bulgaria and GPS Systems Macedonia, part of Fleet Services Ltd. Group, are leading GPS tracking and fleet management operators in Bulgaria and Macedonia. GPS Bulgaria is the main partner of A1 Bulgaria and has more than 20 years in delivering complex telematics solutions across various industry segments, including telecommunications, construction, railway transport, insurance, transportation and logistics, etc. The company has deployed a proprietary, state of the art IoT platform as a fundament for developing new business verticals and applications.