Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Rand McNally Sees Bright Future with New Ownership

TELEO Capital Management already accelerating investment

With the sale process in the rearview mirror, Rand McNally is  already ramping up its technology roadmap. On the day of the sale closing, the new Chairman, Joseph Roark, was in the Chicago office, diving into a full 3-year product plan with Rand McNally engineers and managers,

“We fully intend to help grow Rand McNally through organic and acquisitive investment. Our focus will be on breakthrough products and solutions and first-class customer service,” said Roark, an Operating Partner at TELEO Capital, which now owns Rand McNally.

Recommended AI News: Dealtale Secures Seed Funding To Launch The First No-Code Data Exploration Platform For Revenue Teams

On Friday, Rand McNally announced that TELEO Capital had completed acquisition of the 164-year-old company. In the announcement, Rand McNally noted that TELEO Capital has a strong track record of accelerating both organic and inorganic growth initiatives to build best-in-class companies.

Related Posts
1 of 40,323

The commitment by new ownership ensures that Rand McNally will continue the trajectory it put in place a decade ago.

Recommended AI News: Venterra Realty Named One Of The 2020 Best Small & Medium Workplaces By Great Place To Work And Fortune For A 5th Year In A Row

During the past 10 years, Rand McNally has expanded aggressively in the commercial transportation and logistics software space, becoming a leading technology company. In that market, Rand McNally provides an innovative, proprietary fleet management platform as well as mileage and routing software used by carriers, shippers and third-party logistics providers.

At the same time, Rand McNally launched a number of innovative firsts in the retail marketplace (where it continues to produce and distribute printed atlases and other published product), including OverDryve and TND dashboard tablets and ClearDryve 2-in-1 headsets that convert to headphones.

Rand McNally will continue to operate out of its Chicago headquarters, with warehousing in Kentucky and several global sourcing and development operations.

Recommended AI News: Casio To Exhibit Medical Camera For Global Market At Virtual.MEDICA 2020

3 Comments
  1. Since first stepping into the Wonder Woman role in 2016, Gal Gadot has come to embody
    a superhero in pretty much every way. She prepped for her starring role in Wonder Woman 1984 (which hit.

  2. Iron reclaiming solutions says

    Scrap metal reclaiming services Ferrous material recycling baling Scrap iron recovery services

    Ferrous material innovations, Iron scrap reprocessing solutions, Metal recycling consultancy

  3. Scrap copper transportation says

    Scrap copper waste disposal Copper scrap recycling regulations Metal scrap recovery and reuse
    Copper cable scrap melting, Metal scrap collection, Copper scrap contracts

Leave A Reply

Your email address will not be published.