Vaquero Capital received two major industry awards and Managing Partner David Grove won another in the ACQ5 Global Awards 2023. For the second consecutive year, Vaquero was recognized with awards for both 2023 US Investment Bank Of The Year (Growth Business) and 2023 US Investment Bank Of The Year (All Tech). In addition, Vaquero Founder … Continued
SambaSafety Acquires VigilloGovernance, Risk & Compliance ❯
PORTLAND, Ore. and DENVER, Feb. 23, 2017 /PRNewswire/ — SambaSafety®, the nation’s industry leader of driver risk management solutions has acquired Vigillo, the leading provider of real-time data for analyzing commercial driver and motor carrier safety performance.
“We are excited to add Vigillo to the growing number of companies that make up SambaSafety as we continue to define driver risk management (DRM) by adding to an already robust platform. Our regulated customers will benefit by utilizing a single risk identification and mitigation dashboard combining both MVR data and CSA data,” said Richard Crawford, CEO of SambaSafety. “Vigillo is the industry leader in CSA monitoring (Carrier Compliance, Safety, Accountability), and this addition greatly fortifies our vision of better drivers, lower risk and safer communities.
“This acquisition helps deliver the promise we have made to our customers: SambaSafety will provide the industry’s most comprehensive solution that identifies and mitigates driver risk. We will combine data and software and provide a complete picture of drivers’ performance both on and off the clock. For DOT regulated fleets, pre-hire and post-hire driver records can now be synchronized into driver qualification files to ensure that safe, policy-compliant drivers are on the road.”
The combination of SambaSafety’s driver risk management solution and Vigillo’s CSA Daylight SuiteTM will offer the benefit of best-in-class driver MVR monitoring with CSA violation and crash monitoring to help customers manage and track the performance of their drivers in all 50 states and identify and mitigate high risk driver behavior.
“I founded Vigillo 10 years ago with the vision to bring world class data analytics to bear on the complex safety data that surrounds the trucking industry. Our mission and vision was, and remains, to push the boundaries of data analytics to give safety professionals in this vital industry the tools they need to save lives,” said Steve Bryan, president of Vigillo. “This combination with SambaSafety will only serve to accelerate that mission. I couldn’t be more excited and look forward to many more years working with the amazing people that make up America’s greatest industry.”
Vaquero Capital LLC acted as exclusive financial advisor to Vigillo in connection with this transaction. Miller Nash Graham & Dunn LLP acted as legal counsel to Vigillo in this transaction. Kirkland & Ellis LLP acted as legal counsel to SambaSafety in this transaction.
Founded in 2007 by a team of talented statisticians and nimble software engineers, Vigillo specializes in translating copious and complex data into simple, accurate, and usable CSA analytics and interactive dashboards. Operating with the philosophy “if you can measure it, you can manage it,” Vigillo leads the industry in visionary data-based solutions for fleet safety and business compliance in commercial transportation. For more information on Portland, Oregon-based Vigillo, visit www.vigillo.com.
SambaSafety is the market leader of cloud-based risk management software solutions for organizations with commercial and non-commercial drivers. Through the collection, correlation and analysis of driver information—motor vehicle records, court data, status checks, accident data, incident data, compliance information, medical certifications—our innovative platform automates the driver risk management process delivering a comprehensive 360-degree view of driver behavior and performance. SambaSafety provides organizations across the United States and Canada the actionable insight to improve driver performance, reduce accidents, lower insurance costs and limit risks—ultimately improving community safety. For more information, go to www.sambasafety.com.