Safe Fleet announced Wednesday the acquisition of Rear View Safety (RVS), one of the fastest-growing providers of back-up camera systems and video-based road safety solutions.
Brooklyn, N.Y.-based Rear View Safety has been instrumental in driving the rapid adoption of video systems in commercial fleets including government fleets, recreational vehicles, truck, trailer, commercial van, construction, emergency, bus and shuttle, agriculture and industrial vehicles, according to the company.
“The addition of Rear View Safety expands Safe Fleet’s leadership position in specialty video products for fleet vehicles in North America and one of the top suppliers worldwide," said John R. Knox, president/CEO of Safe Fleet. "The RVS product line is complementary to Safe Fleet’s existing video products and positions Safe Fleet as a leading video supplier in all of its fleet end markets.”
RVS’s headquarters and operations will remain in Brooklyn and Joseph Schechter will continue leading RVS as VP. “Customers will continue to interact with their existing RVS contacts and locations,” Schechter said. “We’re very excited about joining the Safe Fleet family and working together to provide comprehensive solutions for the safety and security needs of the fleets worldwide.”
The RVS acquisition is the sixth for Safe Fleet, which was formed in September 2013 when ROM Corp. and SMI Corp. merged.
Financial terms of the purchase were not disclosed.