GTCR acquires video telematics supplier Lytx

Video telematics provider Lytx is to be acquired by Chicago-based private equity firm GTCR in a deal valued at more than US$500 million that it says will help power the next chapter in its growth as a supplier video telematics and safety services for commercial and public sector transportation. Formed in 1998, Lytx has since developed a range of subscription-based services that help improve the safe fleet driving behaviour for more than 1,400 clients worldwide. Its flagship service offering, the DriveCam
February 22, 2016 Read time: 1 min
Video telematics provider 7806 Lytx is to be acquired by Chicago-based private equity firm GTCR in a deal valued at more than US$500 million that it says will help power the next chapter in its growth as a supplier video telematics and safety services for commercial and public sector transportation.

Formed in 1998, Lytx has since developed a range of subscription-based services that help improve the safe fleet driving behaviour for more than 1,400 clients worldwide. Its flagship service offering, the DriveCam program, combines the intelligent video capture of driving events, precise and personalised data-backed coaching insights, fleet tracking, fuel management and more.
Detection, Monitoring & Machine Vision Location Based Systems

For more information on companies in this article

Related Content

  • Machine vision makes red light enforcement easier
    December 1, 2015
    Teledyne Dalsa’s Manny Romero looks at how the combination of camera manufacturer and software provider can make enforcement easier. Californian video analytics solution provider Eutecus develops real-time images capture and high speeds processing technology for applications including intelligent lighting and advanced driver assistance systems.
    Read More
  • Q-Free pioneers next-generation road user charging (RUC) for private vehicles
    April 24, 2025

     

    Since 1984, Q-Free has been a leader in tolling solutions, and now the company is driving innovation in road user charging (RUC) — a smarter, more flexible way to pay for road usage. Unlike traditional tolling, RUC calculates fees based on distance driven, with dynamic pricing for factors like rush hour congestion or urban vs rural travel. It also shifts revenue focus, covering external costs like accidents, noise, and delays rather than just infrastructure.

    Read More
  • Workzone app deal for One.network in Florida
    January 24, 2024
    Contract follows pilot where 2,000 workers were trained to use lane closure system
    Read More
  • One eye on the future
    December 12, 2013
    Mobileye’s Itay Gat discusses the evolution of monocular solutions for assisted and autonomous driving with Jason Barnes. Founded in 1999, Israeli company Mobileye manufactures and supplies advanced driver assistance systems (ADAS) based on its EyeQ family of systems-on-chips for image processing for solutions such as lane sensing, traffic sign recognition, vehicle and pedestrian detection. Its products are used by both the OEM and aftermarket sectors. The company’s visual interpretation algorithms drive
    Read More

Highlighted Content