Trucking fleet driver management software provider Tenstreet on Monday said it had acquired DriverReach, a driver recruitment and compliance management software firm, saying the deal will enrich the scale of its driver/carrier network.
By combining driver and carrier audiences from both companies, Tenstreet will further scale its network to better serve the dynamics of the industry, the Tulsa, Oklahoma-based company said.
Carmel, Indiana-based DriverReach says its product is a recruiting and compliance management system that carriers can use to attract, hire, and retain qualified drivers and dramatically improve speed-to-hire.
In addition, Tenstreet said it would leverage several advances in DriverReach’s software to enhance its platform’s usability and ease-of-adoption for carriers. Acknowledging the recruiting and retention challenges that are unique to carriers and private fleets in today’s marketplace, both companies will join forces to simplify, accelerate, and scale the capabilities of Tenstreet’s powerful marketplace solution.
Terms of the deal were not disclosed.
