ABAX

Peterborough, United Kingdom Founded: 2003 • Age: 23 yrs Acquired By Investcorp
Vehicle and asset management solutions are developed and delivered.
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About ABAX

ABAX is a company based in Peterborough (United Kingdom) founded in 2003 was acquired by Investcorp in June 2017.. ABAX has completed 4 acquisitions, including ABAX Fleet360, Automile and C-Track Sweden. ABAX offers products and services including ABAX Fleet, ABAX Worksite, ABAX Locator, ABAX Triplog, and ABAX Insurance. ABAX operates in a competitive market with competitors including Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others.

  • Headquarter Peterborough, United Kingdom
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abax Danmark A/S
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Investcorp

    (Jun 06, 2017)

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Products & Services of ABAX

ABAX offers a comprehensive portfolio of products and services, including ABAX Fleet, ABAX Worksite, ABAX Locator, ABAX Triplog, and ABAX Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for optimizing and controlling company vehicles.

App to monitor and control machines remotely.

System for tracking tools and reducing theft.

Tool for live status and usage of company vehicles.

Service based on driving data for fair policies.

People of ABAX
Headcount 500-1000
Employee Profiles 64
Employee Profiles
People
Jenni Wikner
Account Manager
People
Per-Erik Svendsen
Key Account Manager
People
Mathias Myrseth
Account Manager Large Accounts
People
Bart C.
Head Of Large Accounts

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Funding Insights of ABAX

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ABAX

ABAX has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Investcorp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity, real estate, and credit investments are managed globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ABAX

ABAX has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ABAX Fleet360, Automile and C-Track Sweden. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
End-to-end fleet management solutions are provided for operators.
2018
Web-based fleet tracking and management services are offered.
2016
Tech-enabled fleet management and vehicle tracking solution
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ABAX

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Abax Comparisons

Employees
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Competitors of ABAX

ABAX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spireon, EquipmentShare, Fleet Complete, SkyBitz and Mapon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
SaaS-enabled solutions for fleet and field service management are offered.
domain founded_year HQ Location
Equipment rental marketplace and digital tools for construction are offered.
domain founded_year HQ Location
Fleet, asset, and mobile workforce management solutions are provided.
domain founded_year HQ Location
Remote asset tracking and management solutions are provided globally.
domain founded_year HQ Location
Vehicle tracking and fleet management solutions are provided.
domain founded_year HQ Location
Machine-to-machine communication solutions are delivered for IoT and asset tracking.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Abax

Frequently Asked Questions about ABAX

When was ABAX founded?

ABAX was founded in 2003.

Where is ABAX located?

ABAX is headquartered in Peterborough, United Kingdom.

Who is the current CEO of ABAX?

Emma Dyga is the current CEO of ABAX.

What does ABAX do?

Founded in 2003 and based in Peterborough, United Kingdom, operations are focused on the fleet management sector. Vehicle tracking systems, equipment usage controls, and project management tools are provided to rental companies, delivery firms, and logistics providers. Key offerings include ABAX Triplog for mileage tracking and claims, ABAX Equipment Control for asset monitoring, and ABAX Worker for project oversight. Services support efficient resource allocation across various industries.

Who are the top competitors of ABAX?

ABAX's top competitors include EquipmentShare, Mapon and Quartix.

What products or services does ABAX offer?

ABAX offers ABAX Fleet, ABAX Worksite, ABAX Locator, ABAX Triplog, and ABAX Insurance.

How many acquisitions has ABAX made?

ABAX has made 4 acquisitions, including ABAX Fleet360, Automile, and C-Track Sweden.

Who are ABAX's investors?

ABAX has 1 investor. Key investors include Investcorp.

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