Levine Leichtman portfolio company Smith System acquires Driver’s Alert
Smith System Driver Improvement Institute, a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Driver’s Alert, a provider of fleet safety management solutions that combine real-time driver observation (via vehicle telematics and decal programsmes), comprehensive online safety training, and data management and risk identification tools.
Founded in 1952, Smith System is a trusted leading provider of safety training solutions for large commercial fleets and midstream pipeline operators, helping its customers reduce costs associated with negative operating behaviours and comply with stringent regulations. Its proven methods prevent crashes, reduce fuel and maintenance costs and — most importantly — save lives. The company delivers its training through multiple media (on-road, classroom and e-learning) and has trained millions of employees in over 100 countries and in more than 20 languages, including drivers from more than half of Fortune 500 companies’ fleets.
Tony Douglas, CEO of Smith System, says: “We are pleased to add Driver’s Alert’s complementary capabilities to our industry-leading training methods, further supporting our market-leading position. Both companies share an unwavering commitment to the mission of saving lives and the tireless support of our customers. Our future together is very bright.”
Matthew Rich, a Managing Director with LLCP, says: “This acquisition demonstrates our continued support of Smith System. The addition of Driver’s Alert broadens Smith Systems’ e-learning content library and greatly improves its ability to support its large and diverse customer base.”