TMW Systems and TMT Software
On May 30, 2007, TMW Systems, the largest provider of enterprise management software to the transportation industry in North America, announced that it has acquired TMT Software Company, a leading provider of transportation fleet maintenance software.
TMW Systems, based in Cleveland, Ohio, is the transportation industry’s market leading enterprise software provider, serving the industry for more than 24 years. TMW’s more than 1,100 customers manage more than 200,000 trucks worldwide. For the 12 months ending March 31, 2007, TMW Systems recorded GAAP revenues of $48M USD.
The acquisition of TMT Software further enhances TMW Systems’ leadership position in the transportation industry by increasing the company’s size to 1,500 total customers and driving revenues in excess of $56 million. Together, the two companies share more than 235 customers, and actively serve more “Top 100” carriers than any other software provider in the North American market.