Renova Acquires Octo Telematics

Octo Telematics’ current management team to remain in place.

INN Breaking News, February 10, 2014

Jennifer Morrell

Renova Group of companies has acquired 100 percent of shares in Octo Telematics from structures associated with the Italian group Montezemolo & Partners and its co-investors, Amadeus Capital Partners and Keensight Capital. Octo Telematics is an insurance telematics services company. The company also developed a range of specialist applications for insurance and transport companies to optimize fleet management.

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