EPM Group has completed the acquisition of Sheffield-based transport software businesses 3Squared.
EPM, formed in 1986 and headquartered in Bromsgrove, provides software to help bus operators and transport authorities reduce operational costs, improve financial performance and better serve their customers.
The strategic acquisition was driven through with the support of Literacy Capital.
3Squared is a Queen’s Award-winning digital solutions provider to the rail industry with a mission to enable the transportation sector to become safer, greener, and more efficient through digitalisation.
Its flagship RailSmart suite of software applications continues to positively disrupt the rail sector as more passenger, freight operating companies, and suppliers to the rail industry use the software to increase productivity whilst reducing risk and cost.
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.”
Tim Jones and James Fox, co-founders of 3Squared, said: “We are incredibly proud of the achievements of 3Squared over the last two decades.
“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. We are looking forward to working with the EPM team on this exciting next chapter.”