Wed, 28 Jun 2023 | BUSINESS SALE
EPM Transport Solutions has acquired FabDigital, a rail software company, in a deal backed by Literacy Capital. FabDigital specialises in developing software products that deliver precise, real-time travel information in digital formats to train operating companies throughout the UK.
The acquisition bolsters EPM's Rail Division by introducing a new lineup of products to complement its existing offerings, which are provided by 3Squared, a transport software business based in Sheffield which is also owned by EPM.
FabDigital’s timetabling and tracking application is designed to integrate with client websites, enhancing operational efficiency and optimising customer communications while alleviating administrative tasks.
EPM Transport Solutions CEO Ian Churchill said that the acquisition of FabDigital’s software solutions would “help build out the offering in our already successful rail division.” Churchill continued that the deal would “add a new element to our rail technology offering, strengthening our capabilities, enabling both businesses to expand their expertise and support the rail industry further in its mission to further digitalise and innovate."
Founder Rachael Woods said that the deal would present an “exciting opportunity” for the company to “share best practice, promote sustainability and accessibility, and build on our expertise as we continue to support digital transformation in the UK transport industry."
Read about driving M&A growth with private equity backing.
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