Fast growing North East software firm Mandata has snapped up an Irish business as part of plans for growth in the UK and Europe.
Quorum Park based Mandata’s technology allows carrier and haulage businesses to manage workflows and data more effectively, with products including traffic planning and management, tracking, telematics, and invoicing. The firm, which has around 120 people across offices on Tyneside and around the UK, has around 2,000 customers which it supports with compliance, improving productivity, delivering efficiency savings and reducing carbon emissions.
The company was acquired by Tenzing, a London-based equity group specialising in tech companies, last October, providing an exit for previous investor LDC, the private equity arm of Lloyds Bank. Now Tenzing has announced that Mandata, which turned over £8.8m in most recent accounts for 2020/2021, has acquired Wexford based Eureka Information Systems Ltd (Eureka).
