The Miles Consultancy (TMC) has acquired digital mileage management company Vertivia Holdings for an undisclosed fee.

TMC said it would use the best of both platforms to enhance its services

TMC said the purchase consolidated its position as UK market leader in the mileage capture and fuel data management sector with a combined portfolio standing well over 350 large national and multi-national clients.

The move also sees Vertivia’s Paul Miers joining TMC as chief data officer, drawing upon broad industry experience and further strengthening the leadership team.

Paul Hollick, managing director of TMC, said: “We are thrilled to acquire such a good company. We have been tracking Paul Miers and Vertivia for a number of years – both TMC and Vertivia have been active in a very similar space and we expect to achieve some great things by uniting the businesses; for the benefit of current and future customers.

“Vertivia is a great technology-focused business with a strong portfolio. Mileage management is similarly at the heart of TMC and we will utilise the best of both platforms to further enhance our award-winning service. The acquisition of Vertivia forms part of our ongoing investment into tech, data and service as we expand the business, with a focus on European data-led mobility management.”

The acquisition furthers TMC’s current technology work develop new innovations over the coming months – this covers both products and services as well as connectivity to global platforms such as Concur.