Harvey & Company initiated the recapitalization of GPS TrackIt, a Temecula, CA-based provider of global positioning systems (GPS)/SaaS based asset-tracking and fleet-management solutions for local fleets across the US, South America, and the Caribbean. GPSTrackIt’s solutions deliver cost reductions, increased fleet efficiency, and equipment & asset protection. The transaction was completed by an East Coast-based private equity group; the founding owner retained a significant ownership position in the business and will remain on the Board of Directors. In 2018, GPSTrackIt acquired complementary telematics brands TSO Mobile, InTouchGPS, and FleetTrax, which expanded its extensive suite of fleet management and asset tracking solutions.