Freeway Fleet Systems has been acquired by Movement Software
September 2026 — Freeway Fleet Systems has been acquired by Movement Software, strengthening its position as a leading provider of fleet management and maintenance software while expanding the group’s presence into the UK market. As a strategic consolidator focused on transportation and mobility software, Movement Software will benefit from immediate product and customer synergies, with Freeway providing a strong platform for further geographic expansion across key fleet end markets.
Freeway is a provider of enterprise fleet and asset management software that enables transport operators to manage vehicle maintenance, workshop operations, compliance and parts inventory through a single integrated platform. With more than 30 years of sector expertise, the company serves organizations across the bus, coach, haulage, government and commercial fleet markets, supporting over 10,000 buses and 11 of the UK’s top 100 heavy goods vehicle (HGV) fleets. Freeway’s mission-critical software digitizes maintenance and engineering workflows, helping customers improve operational efficiency, strengthen compliance and reduce fleet operating costs. The company combines deep transport industry expertise with a highly configurable software platform, extensive third-party integrations and a cloud-native product roadmap designed to expand its addressable market and accelerate growth.
Movement Software, formerly trading as Progrits, is a Northern European software group focused on delivering mission-critical solutions to customers in the transportation, logistics and mobility sectors. Its portfolio companies provide software for fleet management, public transport, route optimization, vehicle lifecycle management and digital workflow automation, helping organizations manage complex operational processes efficiently and reliably. Backed by Axcel, a leading Nordic private equity investor with more than US$5.3 billion in committed capital, Movement Software continues to expand through organic growth and strategic acquisitions across its core sectors.
Our role in the transaction
Oaklins S&W, one of Oaklins’ member firms in the UK, acted as the advisor to the shareholders of Freeway. Following an unsolicited offer, the team managed a focused competitive process involving a select group of highly interested buyers, generating multiple offers and securing an improved outcome for the seller. The team supported buyer negotiations, deal structuring, due diligence, share purchase agreement (SPA) negotiations and all aspects of transaction execution through to completion. Oaklins’ team in Sweden introduced the buyer and supported local outreach.
Patrick Tandy
CEO, Freeway Fleet Systems
Contáctese con el equipo de la transacción
Transacciones relacionadas
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Aprenda másNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Aprenda másWaterland has supported the strategic partnership between GoGift and CQM Rewards
CQM Rewards have entered into a strategic partnership with GoGift through a transaction led by Waterland Private Equity, bringing together two leading European providers of corporate gifting and incentive solutions.
Aprenda más