Complete Innovations Receives Second Equity Investment from Madison Dearborn Partners

fleet-complete-logoComplete Innovations, a Markham, Ontario, Canada-based provider of fleet telematics and mobile workforce technology, received a second institutional investment from Madison Dearborn Partners.

The investment – of undisclosed amount – will provide liquidity to current shareholders, primarily for its prior institutional investor, Symmetric Capital, and capital to further accelerate the company’s growth in North America, and pursue expansion in other geographies and new channels.

Founded in 2000 by Tony Lourakis, CEO, Complete Innovations provides Fleet Complete, a cloud-based solution to track, manage and optimize fleet vehicles, high-value mobile assets and mobile workers to over 4,000 customers.
The company offers Fleet Complete primarily through marquee channel partners such AT&T and TELUS.

Doug Grissom, a Managing Director at Madison Dearborn, and additional representatives will join CI’s Board of Directors.



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