Volaris Group announced its wholly owned subsidiary, Trapeze Group, signed an asset purchase agreement to acquire Mentor Engineering Inc. of Calgary, Alberta. The acquisition is expected to close Jan. 31, 2013.
Mentor Engineering provides fleet management hardware and mobile workforce management solutions primarily to the demand response passenger transport and taxi markets. In addition the company provides an easy to use fixed route intelligent transportation solution for smaller transport agencies. These solutions complement Trapeze’s existing enterprise solutions portfolio for passenger transport providing tight integration with in-vehicle hardware and back-office systems.
In addition to Mentor’s passenger transport offering, the company has also developed a field service/vehicle asset tracking solution to serve fleet-based industries in oil & gas, construction and waste, among others. This solution is expected to become part of the AssetWorks enterprise portfolio. AssetWorks, a sister company to Trapeze, has significant experience in delivering enterprise asset management solutions to fleet-intensive industries.