Trutac: Shackleton’s 23rd Profitable Exit
We are pleased today to announce the sale of Trutac to Microlise. The transaction sees the Coventry-based experts in fleet compliance and management software becoming a part of the Microlise group, which itself offers a broad range of fleet solutions including vehicle tracking, telematics and journey management. This is Shackleton’s 23rd profitable exit, delivering an IRR of 23%. Since our initial investment in 2010, Trutac has [...]