Foresight Group has invested £9.75 million in Trak Global Security Solutions to support its expansion in the vehicle security sector.

Target Information

Trak Global Security Solutions (TGSS) is a premier technology firm that specializes in stolen vehicle recovery services. Founded in 2009, TGSS has established itself as a leader in the UK market by providing comprehensive vehicle security solutions to car rental and flexi-lease sectors. The company's offerings combine advanced telematics hardware, software, and support services, notably achieving an exceptional vehicle recovery rate of 90% compared to the industry average of 28%.

With the recent investment from Foresight Group, TGSS is poised to enhance its service capabilities and expand its operations both domestically and internationally. The management team, led by experienced industry professionals Dave Turnock as Managing Director and Andy Christopher as CEO, aims to leverage this investment to capitalize on the growing demand for effective vehicle security solutions.

Industry Overview

The stolen vehicle recovery industry operates within a larger market valued at approximately $12 billion annually, characterized by rapid growth and evolving technological advancements. Identifying and recovering stolen vehicles