Acquisition Marks Command Alkon’s Next Financial investment in Building Logistics Software Area in 2020
Command Alkon Acquires Ruckit, Inc.
This transaction combines Command Alkon’s thorough building supplies toolset and CONNEX system for weighty work with Ruckit’s ground breaking alternatives for electronic ticketing, invoice reconciliation, and third-party hauler management for combination, asphalt, paving and trucking companies.
BIRMINGHAM, Ala., Dec. 23, 2020 (World NEWSWIRE) — Command Alkon, the service provider of the main supplier collaboration platform for construction’s weighty perform, is pleased to announce their acquisition of Ruckit, Inc., a transportation logistics system for the significant products and development industries.
This transaction brings together Command Alkon’s thorough construction elements toolset and CONNEX system for major operate with Ruckit’s revolutionary solutions for digital ticketing, invoice reconciliation, and 3rd-bash hauler administration for combination, asphalt, paving and trucking providers. Monetary terms have been not disclosed.
“Our partnership with Command Alkon and integration with their CONNEX Platform has fostered new prospects for development providers to work with actual-time visibility and increase productiveness and profitability to new degrees,” reported Tarun Nimmagadda, CEO of Ruckit, Inc. “We are energized to choose our marriage 1 move even further and formally grow to be aspect of the Command Alkon spouse and children. We glimpse forward to the charge personal savings and efficiencies that our blended remedies will produce to hefty perform transportation logistics.”
The acquisition will take away the dealing with of paper deliver tickets and haul sheets, enhance truck utilization, simplify administration of mixed fleets, pace up bill reconciliation, and permit back again-business office and industry staff to concentrate on additional successful tasks.
“Combining Ruckit, Inc.’s innovative platform and quickly-escalating neighborhood of customers with Command Alkon’s historical past of innovation and confirmed results will supply a transformative weighty perform transportation option that makes new options for collaboration all over the design logistics ecosystem,” reported Phil Ramsey, CEO at Command Alkon. “This mix will provide unparalleled amounts of visibility and efficiency to our customers about the globe.”
AGC Associates served as the economical advisor to Ruckit, Inc. Kirkland & Ellis LLP served as authorized counsel to Command Alkon, and Husch Blackwell LLP served as lawful counsel to Ruckit.
For a lot more info about Command Alkon’s entire range of goods and expert services, make sure you call us at [email protected] or at +1 (800) 624-1872.
ABOUT RUCKIT, INC.
Headquartered in Austin, Texas, Ruckit is a market leader in collaborative trucking management software for the heavy supplies and construction industries. Founded in 2015, Ruckit will allow combination, asphalt, and development companies to raise profitability by digitally measuring, taking care of, and minimizing trucking expenditures. Ruckit collaboratively handles dump truck operator’s position sharing, scheduling, dispatching, e-ticketing, tracking, status, and invoicing on a one system. For additional facts, check out goruckit.com
ABOUT COMMAND ALKON
As the Top Supplier Collaboration System for Large Function, Command Alkon remedies provide source chain integration and frictionless electronic collaboration throughout the weighty construction ecosystem. CONNEX, a lots of-to-quite a few know-how system purpose-developed for the business, enables enterprise partners to automate inter-organization functions, seize serious-time visibility into large materials orders and deliveries, leverage major-edge program experiences to attain mutually valuable objectives, and share know-how to control by exception and market certainty of results. Launched in 1976, Command Alkon is headquartered in Birmingham, Alabama and has workplaces in destinations all around the world. For additional facts, check out commandalkon.com.
For More Details, Get in touch with:
(205) 879-3282 x 3968
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