08 November 2019
We are excited to announce that Radius Payment Solutions, the group behind the telematics and fuel card brands Kinesis and UK Fuels, has acquired Sure-Track.
Bill Holmes, chief executive at Radius, said: "The acquisition of Sure-Track brings another dimension to our growing telematics business by acquiring the technology, expertise and services for the tracking and recovery of stolen vehicles and plant.
"Increasingly insurers are turning to telematics to reduce risk, not only by protecting assets but also through monitoring driving to improve safety. We can now offer a complete range of solutions and through integration with our fuel cards, purchasing and insurance platform, we can offer everything businesses need to manage their mobile assets."
Sure-Track's founder and CEO Will Hirons added: "Joining the Radius group represents a major landmark for Sure-Track and will open up the market both in the UK and overseas to our technological innovations that we’ve developed over the past 15 years."