Cartrack Holdings Limited (South Africa)

Since being founded in South Africa in 2001, Cartrack has evolved into a leading provider of Fleet Management, Stolen Vehicle Recovery and Insurance Telematics. The business incorporates global asset tracking, monitoring and recovery services together with the provision of Fleet Management information systems from a platform of innovative Telematics technologies. Cartrack’s research and development activities are performed in-house which underpins Cartrack’s ability to rapidly adapt to market requirements while mitigating against any royalty or licensing constraints. Whilst its principal operations are situated in South Africa, Cartrack has embarked on an expansion drive into the rest of Africa, Europe and Asia. Cartrack is committed to growing its client base through replicating and leveraging off its South African offering through a combination of direct investment, partnering with local operators as well as targeted value accretive acquisitions that meet the Company´s investment parameters.