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Fleetmatics Group files for a $100 million IPO

August 20, 2012
FM

Fleetmatics Group, a leading provider of commercial fleet management software solutions, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Dublin, Ireland-based company had initially filed confidentially in May 2012. Fleetmatics, which was founded in 2004 and booked $108 million in sales for the 12 months ended 6/30/2012, plans to list on the NYSE under the symbol FM. BofA Merrill Lynch, and Barclays are the joint bookrunners on the deal. No pricing terms were disclosed.