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Fleetclear (ISS)

Provider of integrated telemetry and vehicle safety systems for industrial vehicles.

YFM investment
Undisclosed
Investment date(s)
2020
Deal type
Buyout
Location
Pershore

"As we seek to further develop pioneering new software projects that will provide fleet operators with a genuinely differential level of information and visibility, common across their whole fleet, the need for investment and a partner that could support our aspirations was critical. The partnership with YFM will support and accelerate these plans, along with providing additional and ongoing investment into our market leading aftersales service. One of the key drivers for partnering with YFM was a clear cultural fit and their appreciation of our ethos around customer excellence and the importance of ongoing innovation."

Gavin Thoday, CEO

Key Information

The Business

Innovative Safety Systems (ISS), now operating under the brand FleetClear, is a leader in vehicle safety and fleet management solutions. Headquartered in Worcestershire, the company specialises in providing cutting-edge technology to improve the safety, efficiency, and compliance of commercial vehicle fleets. FleetClear’s solutions include on-board cameras, telematics systems, vehicle sensor technology, and advanced safety tools tailored for industries such as waste management, construction, and logistics.

FleetClear’s innovative products empower fleet operators to reduce accidents, improve operational visibility, and meet stringent regulatory requirements. Trusted by a diverse client base, the company’s robust offerings ensure safer roads and enhanced fleet performance.

Why We Invested

YFM Equity Partners invested in FleetClear due to its market leadership, innovative product range, and strong growth potential. Operating in the expanding fleet safety and management market, FleetClear addresses critical challenges faced by commercial vehicle operators, making it a highly relevant and scalable business.

The company’s exceptional management team, focus on product development, and customer-centric approach align with YFM’s strategy of supporting high-growth businesses in critical sectors. FleetClear’s commitment to sustainability and safety also resonates with YFM’s values of creating meaningful impact.

Growth Potential

With YFM’s investment, FleetClear is positioned to further accelerate its growth through the following strategic initiatives:

  • Technology Enhancement: Developing advanced AI and machine learning capabilities for predictive safety analytics and smarter fleet management.
  • Product Expansion: Broadening its range of solutions, including integrations with telematics and compliance tools for greater operational efficiency.
  • Market Penetration: Expanding its reach across the UK and exploring international markets to meet growing demand for fleet safety solutions.
  • Customer Support Excellence: Strengthening customer success teams to provide tailored solutions and ongoing support to a growing client base.

These initiatives enable FleetClear to solidify its leadership position in the fleet safety industry while driving innovation and creating safer, more efficient roads.

Impact and Future Plans
Since YFM’s involvement, FleetClear has scaled its operations, introduced new product lines, and secured contracts with major fleet operators. The company remains focused on integrating emerging technologies and enhancing its platform to meet evolving customer needs.

Looking ahead, FleetClear aims to expand its presence in key sectors, deepen its sustainability initiatives, and continue leading the way in vehicle safety innovation.