Bluebird Auto Rental Systems (Bluebird), Thermeon and Navotar, three industry leaders in the car rental software vertical, are merging to form RENTALL, which.
Today in acquisitions: Manifold, Navotar, ShipperBee, FranchiseBlast
Over the past few weeks, four Canadian tech startups have been involved in acquisitions, including Manifold, Navotar, ShipperBee, and FranchiseBlast. Here’s the latest on Canada’s movers and shakers.
Torstar acquires Guelph-based ShipperBee’s parcel delivery business
Metroland Parcel Services, a subsidiary of Torstar, has acquired the parcel delivery business of Guelph, Ont.-based shipping software startup ShipperBee. ShipperBee declined to disclose the financial terms of the deal to BetaKit.
Following the deal, ShipperBee will retain its intellectual property, parcel transfer mailbox network, and its team.
Founded in 2018 and led by CEO Jim Estill, ShipperBee offers a local package delivery system for retailers that skips distribution centers in order to save businesses money and reduce carbon emissions by 75 percent.
Valsoft Corporation Acquires Navotar to Strengthen Car Rental Leadership
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MONTREAL, Jan. 25, 2021 /PRNewswire/ - Valsoft Corporation Inc. ( Valsoft ), a Montreal-based company specialized in the acquisition and development of vertical market software businesses, is pleased to announce the acquisition of Navotar, a cloud-based car rental software provider, with solutions designed to automate fleet management.
Founded in Mississauga, Ontario by Sanker Shivanathan, Navotar has quickly emerged as a top car rental software vendor in the industry thanks to their cutting edge, cloud-based solutions serving vehicle rental businesses globally that includes cars, boats, RVs, scooters, and more. Going forward, the Navotar brand will continue under Valsoft where the team will actively explore new opportunities for further expansion across all vehicle rental segments.