Banyan Software, a leading acquirer and operator of mission-critical software businesses, is pleased to announce the acquisition of Agile Fleet, Inc. (“Agile Fleet”), a provider of fleet management information systems (FMIS).
Founded in 2000 and headquartered in Chantilly, Virginia, Agile Fleet delivers innovative fleet management solutions through its flagship product, FleetCommander. This modern and comprehensive platform optimizes fleet size, vehicle utilization, maintenance, and total cost of ownership, significantly reducing operational costs and enhancing efficiency. Agile Fleet specializes in vehicle sharing and maintenance capabilities alongside other vehicle and driver management tools, making it a preferred partner for government agencies, higher education institutions, transit departments, and utilities who need a broad, scalable, and modern FMIS.
“We’ve built Agile Fleet on a foundation of innovation, service excellence, and deep customer relationships. Joining Banyan allows us to sustain and further this legacy while preparing Agile Fleet for its next stage of growth. I’m excited to partner with Banyan, ensuring continued success for our team and our clients.”
Ed Smith • CEO and Founder of Agile Fleet
“Agile Fleet has consistently set the standard in fleet management solutions, particularly with its unique vehicle-sharing and utilization expertise. We look forward to supporting their continued leadership in this sector, leveraging our shared vision for growth, innovation, and long-term partnership. We’re thrilled to welcome Ed and the entire Agile Fleet team to the Banyan family of companies.”
Tristan Jordan • Operating Partner at Banyan Software
Progress Partners, a technology-focused investment bank, served as the exclusive financial advisor to Agile Fleet.
About Agile Fleet, Inc. Founded in 2000, Agile Fleet provides advanced fleet management information systems designed to optimize vehicle utilization, reduce costs, and streamline daily fleet operations. The company’s flagship platform, FleetCommander, primarily supports the government, education, transit, and utility sectors through comprehensive vehicle and driver management capabilities. Agile Fleet is recognized for its specialized motor pool management solution and deep expertise primarily serving non-commercial fleet markets. For more information, visit agilefleet.com.
About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. Banyan’s mission is to acquire, build, and grow great enterprise software businesses all over the world with dominant positions in niche verticals. Founded in 2016, the company follows a buy-and-hold-for-life strategy, and is set up with a permanent capital base to preserve the legacy of founders. As a purpose-driven company, Banyan is committed to making an enduring, positive impact on the world. The company is one of North America’s fastest-growing private businesses with offices across the US, Canada, the UK, EU and APAC.
