Track Group (TRCK)

Business description

Track Group develops and provides end-to-end tracking solutions that combine real-time tracking devices and monitoring services with advanced data analytics for the global criminal justice market.

Location tracking and analytics

Initiation | Technology | 05/05/2015

Track Group is aiming to become a one-stop provider of tracking, monitoring and data analytics services with an initial focus on the global offender management market. The company’s revenue is recurring in nature and near-term growth should be supported by the company’s contract with Chilean Gendarmerie. The signing of other major national or state-scale contracts should accelerate growth, while the refinancing of debt should also be a key catalyst for upside.

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