In May 2022, RAM Tracking (“RAM”) acquired Rewire Security (“Rewire”), a complementary UK-based, SaaS-enabled fleet management business with a subscription base of c.45,000 across a largely SME customer base. 

The Rewire acquisition represents a further step towards RAM realising its ambition of becoming the clear number one operator in the UK’s growing SME fleet management market. RAM’s total subscription base now stands at c.175,000 which collectively generates revenues in excess of £20 million. As part of the transaction, RAM also acquired Rewire’s nascent European operation, thereby providing it with access to a new and highly attractive fleet management market.

Rewire was founded in 2011 and is headquartered in Bristol with operations in Turkey, where its IT function is located, and Slovakia, from where it sells into continental Europe. Its founders and the wider management team are remaining in place to continue to grow the business and to support with its integration.

For further information on RAM, please visit www.ramtracking.com

About H2 Equity Partners

H2 Equity Partners is a leading independent investment firm founded in 1991, making investments in medium-sized companies with significant growth or improvement potential. The H2 team has built an exceptional track record of acquiring, strengthening and growing fundamentally attractive businesses. H2 invests in companies across all sectors that have strong market positions and competitive advantages, which can benefit from the extensive international operating experience of the H2 team.

H2 Equity Partners Fund V was launched in February 2017 and makes investments in the United Kingdom, Ireland and the Benelux. H2 Equity Partners £300 million Fund VI was raised in October 2021. For more information about H2 Equity Partners please visit www.h2ep.co.uk

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.