EPM Group, with the support of Literacy Capital, has completed the acquisition of transport software businesses 3Squared Ltd.
Sheffield-based 3Squared is an award-winning digital solutions provider to the rail industry which aims to make the transportation sector safer, greener, and more efficient through digitalisation.
Its flagship software suite, RailSmart, continues to gain traction in the rail sector as more passenger, freight operating companies, and suppliers to the rail industry use the software to increase productivity while reducing risk and cost.
“We are incredibly proud of the achievements of 3Squared over the last two decades, said Tim Jones and James Fox, the company’s co-founders. “With the support of EPM, we are now ideally placed to accelerate our growth and further cement our position as a leading provider of integrated transportation solutions.”
The acquisition sees EPM strengthen its capability in providing software solutions across the transport sector, focussed on improving operational and commercial performance.
Ian Churchill, CEO at EPM, said: “The acquisition of 3Squared will support our focus on integrated transport whilst diversifying our activities into the rail sector. We are excited by the opportunity this brings to deliver new solutions to common challenges across the bus and rail sectors.”