Command Alkon says the deal will remove the handling of paper deliver tickets and haul sheets, optimise truck utilisation, simplify management of mixed fleets, speed up invoice reconciliation and enable back-office and field personnel to focus on more productive tasks.
The transaction combines Command Alkon's construction materials toolset and Connex platform for heavy work with Ruckit’s solutions for digital ticketing, invoice reconciliation and third-party hauler management for aggregate, asphalt, paving and trucking companies.
Ruckit CEO Tarun Nimmagadda says: “Our partnership with Command Alkon and integration with their ConnexPlatform has fostered new opportunities for construction companies to operate with real-time visibility and boost productivity and profitability to new levels.”
Command Alkon CEO Phil Ramsey says: "Combining Ruckit, Inc’s innovative platform and rapidly-growing community of users with Command Alkon’s history of innovation and proven success will provide a transformative heavy work transportation solution that creates new opportunities for collaboration throughout the construction logistics ecosystem.”
AGC Partners served as the financial advisor to Ruckit. Kirkland & Ellis served as legal counsel to Command Alkon, and Husch Blackwell served as legal counsel to Ruckit.