About Smith System
Smith System is a company based in Dallas (United States) founded in 1952 was acquired by MidOcean Partners in November 2023. It operates as a Professional Services, and Subscription Services. Smith System has completed 3 acquisitions, including Driver's Alert, Driving Dynamics and Utilimarc. Smith System offers products and services including Smith5Keys Driver Training, Behind the Wheel Coaching, eLearning Programs, and Driver Analytics.
- Headquarter Dallas, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Smith System Driver Improvement Institute, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
CNA Insurance
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Driver's Alert
& 2 more
- Acquired by
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Products & Services of Smith System
Smith System offers a comprehensive portfolio of products and services, including Smith5Keys Driver Training, Behind the Wheel Coaching, eLearning Programs, and Driver Analytics. 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.
Driver safety behaviors are improved through structured training.
Personalized driver coaching is provided in real-world settings.
Online driver safety courses are accessible anytime, anywhere.
Driver behavior is analyzed using digital analytics tools.
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Funding Insights of Smith System
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Smith System
Smith System has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CNA Insurance, MidOcean Partners and Levine Leichtman Capital Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt fund focused on consumer and business services sectors
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Founded Year | Domain | Location | |
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A middle market private equity firm with structured investment strategies.
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Founded Year | Domain | Location | |
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Commercial property and casualty insurance services are provided to businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Smith System
Smith System has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Driver's Alert, Driving Dynamics and Utilimarc. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides advanced analytics, technology integration, and data solutions for fleet management.
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2001 | ||||
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Fleet safety and risk management solutions are delivered for drivers.
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1989 | ||||
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Driving training is provided by the education center in Newark.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Smith System
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smith System Comparisons
Competitors of Smith System
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Smith System
When was Smith System founded?
Smith System was founded in 1952.
Where is Smith System located?
Smith System is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Smith System?
Anthony Douglas is the current CEO of Smith System.
What does Smith System do?
Driver safety training and risk management solutions are offered by Smith System. Services are delivered through in-person coaching, eLearning platforms, and driver analytics. Industries worldwide are served, including Fortune 500 companies. The proprietary Smith5Keys methodology is utilized to enhance driver behavior and reduce collisions. Customized programs are developed to meet specific organizational needs. Over 70 years of expertise are applied in the field of driver training.
What products or services does Smith System offer?
Smith System offers Smith5Keys Driver Training, Behind the Wheel Coaching, eLearning Programs, and Driver Analytics.
How many acquisitions has Smith System made?
Smith System has made 3 acquisitions, including Driver's Alert, Driving Dynamics, and Utilimarc.
Who are Smith System's investors?
Smith System has 3 investors. Key investors include CNA Insurance, MidOcean Partners, and Levine Leichtman Capital Partners.