Founder SPAC Merger Company Rubicon Acquires CIVIX; No Terms Disclosed
Rubicon Technologies, LLC ("Rubicon" or the "Company"), an innovative software leader that provides smart waste and recycling solutions for businesses and governments worldwide, today announced that it has acquired CIVIX LLC ("CIVIX"), a routing software and solutions company based out of Freiburg, Germany. The acquisition expands and enhances the routing capabilities of Rubicon’s flagship software products for municipal and private fleets, RUBICONSmartCity™ and RUBICONPro™, while also helping to drive Rubicon’s growth into additional international markets.
Founded in 1999, CIVIX is the developer of the market-leading FleetRoute® route optimization and strategic planning software and associated technologies for data collection, in-cab navigation, dispatching, tracking, performance monitoring, and messaging. FleetRoute’s geographic information system (GIS) and cloud-based route optimization software is used to solve the most complex high-density routing problems through advanced network algorithms developed specifically for the municipal services, utility, and street surveying industries. With customers in North America, Europe and the Middle East, FleetRoute’s book of business includes local governments, councils and municipalities; private companies and corporations; public utilities; and federal and regional government agencies. In addition to CIVIX's full suite of route optimization services, it also provides operational consulting services as part of its offering.
As part of the acquisition, the President of CIVIX, Dr. Paul Patterson, and his team have joined Rubicon.
“On behalf of our team, we are thrilled to have joined the Rubicon family to do our part in accelerating the Company’s mission to end waste,” said Dr. Patterson. “Rubicon has partnered with FleetRoute for several years, and now with this acquisition we will be able to directly integrate our best-of-breed technologies and leverage the synergies between them to bring our customers to new levels of efficiency and performance.”
RUBICONSmartCity is a proprietary, cloud-based technology suite that helps city governments run faster, smarter, and more effective waste, recycling, and heavy-duty municipal fleet operations. RUBICONSmartCity helps city governments ensure every resident’s trash and recycling is collected on their scheduled day, meaning no missed pickups. It also documents litter, bulky waste and illegal dumping with photos, thus ensuring that these piles are cleaned up in a timely manner. It reduces recycling contamination, so cities can sell their recyclable commodities for as much money as possible, and it reduces the cost of collection by ensuring trucks are taking the most efficient path to collect waste and recycling. Finally, it also equips these vehicles, which go up and down every street in every city at least once a week, with capabilities to look for critical infrastructure and quality of life issues that can plague communities, helping our city partners deliver better public services across all zip codes. RUBICONPro, a complementary product offering, helps private waste and recycling haulers deliver best-in-class customer service to commercial and residential customers through a similar feature set.
“This acquisition will help Rubicon provide current and future public and private sector customers with an expanded level of service and will enhance our ability to deliver on the promise of creating more efficient, effective, and sustainable waste and recycling services for communities,” said Michael Allegretti, Chief Strategy Officer at Rubicon. “The addition of Paul and his experienced team to Rubicon brings a wealth of knowledge and expertise to our business as we expand to more and more fleets across North America and abroad.”
RUBICONSmartCity has been rolled out in over 70 cities across the United States, including Asheville, NC; Baltimore, MD; Columbus, OH; Durham, NC; Fort Collins, CO; Fort Smith, AR; Glendale, AZ; Greenville, NC; Hartford, CT; Kansas City, MO; Memphis, TN; Montgomery, AL; Santa Fe, NM; San Antonio, TX; Savannah, GA; Spokane, WA; and Roseville, CA. The solution is available to purchase on Sourcewell, the Amazon Web Services (AWS) Marketplace, the HGACBuy consortium, and Marketplace.city.