As a growing company, Traxgo is a leading Belgian player in tracking & tracing, monitoring, and software applications. We are extremely pleased to announce that we have joined the Clifford International Group. This will allow us to further accelerate the growth process of recent years, with a view to further European expansion.
Bart Cappon, CEO Traxgo: “This is a great opportunity for us to expand our business both in and outside Belgium. We are convinced that Clifford International is the right partner to help us realise our growth ambitions. We are very happy to become part of the Clifford Group.”
Huibjan Braafhart, CEO of Clifford International: “Traxgo has had many great achievements over the past few years, which is quite impressive to us. We feel the same about Traxgo’s experienced team: a highly skilled team that is dedicated to building the business every day. We are immensely looking forward to supporting them in this regard.”
Another step in our growth strategy
Traxgo offers larger rental and leasing fleets customised solutions that allow them to better manage their fleets. That’s why our service is such a valuable addition to the Clifford Group, which currently consists of Clifford Electronics Benelux and Faringwell, both well-established telematics specialists in the field of vehicle security solutions. By integrating Traxgo into the Group, it is significantly expanding its fleet management telematics applications business.
Both Bart Cappon and Frederik Depuydt join as shareholders of Clifford International Group, a portfolio company of NewPort Capital. A joint international growth strategy has been devised, of which buy & build is an important part. The Group aims to become a major European player in telematics applications. The integration of Traxgo marks a big step towards cashing in on that ambition. Our growth prospects are promising and the Clifford International Group looks forward to supporting Traxgo in expanding our markets – both in Belgium and internationally. Joining the Dutch market is at the top of the agenda.
Nothing will change for our existing customers, of course. As always, they can count on the expertise and excellent service of the entire Traxgo team, whose Belgian employees will continue to work from our office in Dottenijs.