Cartrack goes to the Karooooo via New York
- South Africa
- Buyout, Cartrack, Corporate action, Inward listing, Nasdaq, Offshore listing, Scheme of arrangement
- January 7, 2021
Cartrack is a terrific business in my opinion. I’ve written before in detail about why it’s so strong, but in summary: Combination of B2B (fleet management and asset recovery) and B2C (asset recovery) models with a diversified client base Exceptional operating margins thanks to its software-as-a-service (SaaS) model which becomes very juicy as scale is achieved Strong growth in Europe …
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