Texada Software Announces Strategic Acquisition of LogiMove
LogiMove adds extensive mobile workflow capabilities to the Texada rental management platform enabling powerful applications including automated equipment inspection
Toronto, August 30th, 2022 – Texada Software (“Texada”), a leading software platform for the
equipment dealer and rental industry, announced that it has acquired LogiMove CheckMobile Global
(“LogiMove”). LogiMove is known for its next-generation mobile no-code/low-code applications for
operations and field services in the equipment industry. With this acquisition, Texada adds a powerful
new component to its platform which integrates equipment dealers' and rental companies' back offices
with both their service and maintenance operations, and with their sales and e-commerce.
LogiMove, based in Reno, Nevada, and Hamburg, Germany, is a no-code/low-code application for
digitizing and optimizing field operations for heavy equipment dealers and rental companies. LogiMove’s
tools are used by industry-leading companies to create fully-customizable process solutions that
automate field tasks, like inspections, without the need for complex coding.
“This is an extremely exciting time for Texada. The addition of the LogiMove solution to Texada’s platform
enables us to provide an entirely new set of integrated field solutions helping our customers automate
otherwise very time-consuming tasks,” said Matt Harris, Texada CEO. Harris added, “Importantly,
LogiMove is a proven product being used innovatively by some of the world's largest rental companies.
Adding LogiMove to Texada will be a game changer for our customers and for the equipment rental and
dealer market in general.”
“The heavy equipment rental and dealer markets are ripe for innovation since much of the software in use
today dates back to the ‘80s and ‘90s, with cumbersome processes and poor customer experience. The
Texada platform and broad customer base combined with LogiMove’s mobile-first customer-centric
applications make this the most exciting offering in the industry. I am thrilled to have the opportunity to be
part of creating this future,” said Philipp Weirauch, founder of LogiMove.
The Texada platform provides customers with a complete solution for managing equipment rental
businesses and equipment assets themselves. Texada solutions integrate an equipment rental
company’s back office with its field operations, customer acquisition, and payments, enabling rental
companies to have end-to-end control and visibility into their business. LogiMove brings new integrated
capabilities enabling powerful field applications such as AI-driven automated pre- and post-rental
equipment inspections which demonstrably improve customers’ inspection accuracy and recovery of
damage charges.
“There is a large need in the equipment dealer and rental markets for easy-to-use, modern, cloud-based
software and we’re excited to acquire such a complementary platform as well as the talented LogiMove
team to build a market leader,” said Hugh Kirkpatrick, Vice President at Banneker. “We know an
integrated low-code/no-code solution will add tremendous value for our customers and we look forward to
investing in a shared vision to digitize and transform the equipment industry.”
The acquisition is effective immediately. More information about Texada’s acquisition of LogiMove can be
found at texadasoftware.com.
About Texada
Texada Software offers SaaS and mobile applications for equipment rental companies, equipment
dealerships, construction companies, general contractors, and equipment operators, including mechanics,
logistics managers, and service technicians. Texada’s products manage the entire asset lifecycle,
including equipment purchasing; rental and sales transactions; inventory location, utilization,
maintenance, and depreciation tracking; used equipment sales and disposals analysis; and inventory
replenishment analysis. Texada is the provider of industry-leading technology Texada Mobile, a field
service and logistics management platform; SRM (Systematic Rental Management), a complete
management software for scaling rental businesses; Texada Pay, a payment processing platform; and
GateWay, an online store and mobile e-commerce app for customers and sales teams.
For more information please visit www.texadasoftware.com
About LogiMove
LogiMove, Inc. is a global provider of low-code / no-code software solutions that are used by the
equipment industry to transform complex business processes into efficient workflows. The company is a
technology leader in offering clients easy to use and configurable mobile solutions that support their field
services operations. In Europe, LogiMove is doing business as CheckMobile.
For more information please visit www.logimove.com
About Banneker Partners
Banneker Partners invests in growing enterprise software businesses to drive sustainable long-term
value. Banneker takes a partnership approach to support founders and management teams to achieve
their goals by implementing proven best practices and making additional investments across functional
areas, including sales, marketing, product management, product development, professional services, and
customer success, and we complement these growth initiatives with strategic acquisitions that are
focused on enhancing customer value.
For more information, please visit www.bannekerpartners.com