Comdata buys commercial truck software company

Dec. 5, 2003

Comdata Corp. has acquired Fleet Team Inc., a Delaware-based business software company that specializes in software for commercial fleets.

Comdata already supplies transaction services for over-the-road trucking companies "and this transaction expands our traditional commercial fleet footprint," says Frank Adelman, executive vice president and general manager, Comdata Merchant Services.

As part of the deal, Pat Madigan, a founding member of Fleet Team, joins Ceridian as director of national accounts. Prior to launching Fleet Team, Madigan had served as vice president of support sales for Tires Plus.