Track Star
Seamlessly automate your fleet management through GPS tracking, telematics, and enterprise asset management.
The Solen Business System in action
We make acquisitions intended to preserve and grow the companies we acquire rather than 'flip' them as others in the industry have done.
- Limited cloud offering
- Legacy UX / UI
- Cumbersome "Feature-bloat"
- Technically complex
- Acquired fully cloud-first product
- Modern "slick" UI design
- Analytics dashboard & mobile apps
- Simple product modularization tiers
ViaPeople & SpiraLinks Strategic Merger
Bringing together a talent management platform and a compensation management system creates a natural cross-sell opportunity. Each product serves a connected but distinct need, and offering them together provides clients with a more complete solution that ties performance management directly to pay and rewards.
Leadership & Transition Support
Enabled smooth transition of Founder to advisory & sales-focused role.
Operational Professionalism
Experienced operators brought in to ensure seamless handover and continued growth during transition.
Team Expansion
ViaPeople and SpiraLinks were able to cross-sell to onboarded customers with weeks of acquisition.
Product Reinvestment
Conducted deep dive into customer needs, enhancing relationships, aligning product roadmap with market demands.
UI / UX Investment
Formed a dedicated team to rebrand and upgrade the legacy product, ensuring a revamped and seamless user experience for customers.
Full-suite integration launch
The merger has provided a full-suite of solutions for complicated compensation structures and HR at companies with complex organizational structures.
ViaPeople and SpiraLinks merge to deliver a full-suite HR platform that seamlessly connects performance management with compensation
platforms united
core capabilities unified
cross-sell capability unlocked
Learn how we revamped our product onboarding experience using our in-house toolkit and reduced time-to-value by over 60%.
"Solen has infused the organization with the resources needed to further growth of the company and they've provided a stable, secure future for the team.
Solen has demonstrated that they make acquisitions intended to preserve and grow the companies that they acquire rather than 'flip' them as others in the industry have done."
Mike Hughes
Founder & Ceo
Track Star
Trusted by founders
Partnering with Solen has empowered many founders to achieve their goals and drive future growth.
"Looking for a partner meant someone that had synergy with us – that company was Solen. They understood the importance of employee retention and increased opportunities for the staff, while focusing on company growth. Their energy was the deciding factor – it was not a harvest of resources but a strategic direction to grow the business in harmony with their overall goals, values and investment direction."
"From early in the process it became clear that we were dealing with people of integrity, and who's practical approach was a good fit for our culture and audience. But it has proven to be a win for those of us who originally founded the company; for all of our employees and for our customers."
"We partnered with Solen because we aligned on our core values, focus on the customer, our culture, desire to innovate and invest in the industry we served."
"Joining forces with Solen marks an exciting new chapter for Thought Foundry. Their expertise in scaling software businesses and commitment to preserving culture make them an ideal partner as we continue to innovate and grow."
"At Primate, we were looking for a partner that a) understood the value Primate offers, b) would complement Primate with software knowledge, experience, and investments, and c) had the desire to grow and support employees and customers' needs. Solen's investments and business knowledge are providing a great future for Primate's customers and employees!"
"Selling a company involves highs and lows through the process, I was impressed with Solen's approach during the entire transaction. They respected my time and perspective, and every interaction was marked with integrity and thoughtfulness."
"Solen's unique approach to investing is extremely valuable. Most firms buy and sell quickly, often leaving a messy trail behind. Solen, however, seeks to buy and hold, becoming a long-term partner with the companies they acquire. The leadership and expertise you gain access to by joining the portfolio are unparalleled."
"I had a number of different companies who'd expressed interest in buying Track Star. My concerns with the transaction were that many of the people who approached me really were looking to flip the business. I wanted the product to continue, I wanted the team to be taken care of."
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