Fleetio is committed to substantial investments in research and development to enhance Auto Integrate’s platform further and to integrate its functionality within the Fleetio ecosystem.
Fleetio announced the acquisition of Auto Integrate, a maintenance authorization platform, in a landmark deal finalized by closing over $450 million to finance the acquisition, valuing the combined business at over $1.5 billion.
The round was co-led by existing Fleetio investor Elephant and new investor Growth Equity at Goldman Sachs Alternatives.
According to a company statement, this union creates a customer-centric platform that serves fleet operators of all sizes across North America. The combined entity will service over 8 million vehicles and process over 13 million repair orders annually through its network of 110,000+ repair shops across the United States, Canada, and Mexico.
“This acquisition is transformative for our ability to equip customers with the simplest and most efficient solution for fleet maintenance and management,” said Jon Meachin, CEO of Fleetio. “By bringing together Fleetio’s comprehensive fleet optimization capabilities with Auto Integrate’s specialized maintenance authorization network, we’re creating a truly customer-focused, end-to-end solution that addresses the most critical pain points fleet operators face today.”
How Auto Integrate’s Software Will Support Fleetio’s Offerings
Auto Integrate’s software enables repair shops to electronically submit repair orders for approval, dramatically reducing vehicle downtime and improving operational efficiency.
This capability will fully integrate with Fleetio’s comprehensive platform, creating a seamless experience for businesses managing complex maintenance operations.
“From day one, our focus has been on one simple question: how can we create the most value for our customers?” said Fleetio Founder and Board Chair Tony Summerville. “Bringing Fleetio and Auto Integrate together is a game-changer for both fleets and repair shops, ensuring a seamless, more connected maintenance experience. Whether a shop does a little or a lot of fleet business, this combination eliminates friction and makes it easier than ever for shops to work with more fleets.”
“Our customers have consistently asked for a more integrated approach to maintenance management,” said Terry Bartlett, CEO of Auto Integrate, who will join Fleetio’s executive leadership team. “By joining forces with Fleetio, we’re able to deliver exactly what they need.”
Fleetio is committed to substantial investments in research and development to enhance Auto Integrate’s platform further and to integrate its functionality within the Fleetio ecosystem. These investments will directly benefit existing Fleetio and Auto Integrate customers, including Fleet Management Companies (FMCs), rental car operators, repair shops, and other vendors, while expanding capabilities for Fleetio’s growing customer base.
“Jon, Tony, and Terry are brilliant business operators. Combining their two companies creates a vast dataset of maintenance operations that can unlock unique insights into fleet maintenance trends and predictive maintenance opportunities,” said Brendon Hardin, vice president of Growth Equity at Goldman Sachs Alternatives, who is also joining the Board. “This isn’t just about growing the business — it’s about Fleetio’s unwavering commitment to customer success.”
“Fleetio’s strategic acquisition of Auto Integrate represents precisely the kind of transformative opportunity Elephant seeks to support, one that fundamentally elevates the customer experience by combining powerful, complementary technologies,” said Jeremiah Daly at Elephant.
“We are excited to deepen our partnership with Fleetio as they continue to redefine what’s possible in fleet maintenance and proudly support their vision for a streamlined, end-to-end ecosystem that enhances operational efficiency for North America’s fleets,” Daly said.
Emily Crane is a writer, producer, and editor who has covered politics, health, business, and finance for publications like The Atlantic. She's also the host of the All Work All Play Podcast.
She graduated from Northwestern University's Medill School of Journalism with a focus on investigative reporting and data visualization.
