May 22, 2020
Horizon Capital exits Connexas Group to AddSecure.
Connexas provides connected vehicle technology and fleet management solutions throughout the UK, EU, North America and Australia. Their end-to-end technology solutions span full journey and delivery management to empower fleets to become smarter, safer and more efficient.
Jim Sumner, Chairman of the Connexas Group, said: “Connexas has come a long way with the support of Horizon, evolving from a predominantly legacy hardware-based integrator to a SaaS-based, end-to-end software partner for its customers.”
Martin Squier, Horizon Partner and Connexas Board Member, added: “With the right strategy, an exceptional management team and focussed investment in technology, Connexas has transformed its profitability, market position and prospects. It has been our absolute pleasure to support such a talented team and we wish them well in future. We’re delighted the business has found such a supportive new partner in AddSecure.”