Escalent Acquires Rhein Associates
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Escalent, a data analytics and advisory firm, announced it acquired Rhein Associates and also secured a partnership with Work Truck Solutions to create a commercial vehicle and fleet research and advisory practice.
Terms for Rhein were not disclosed.
Rhein provides North American commercial vehicle and off-highway powertrain forecasting data, relevant databases, analyses and insight. It’s best known for its main offering, the Rhein Report.
Escalent reported the acquisition allows it to combine forecasted production (supply-side) data with its existing primary and syndicated Fleet Advisory Hub (demand-side) data. For nearly five decades, Livonia, Mich.-based Escalent noted its automotive and mobility practice has been delivering market insights and developing human-centric products, services and technology.
Escalent maintained this partnership also gives it the ability to combine Work Truck Solutions’ extensive commercial vehicle inventory dataset with Rhein Associates’ and Escalent’s data specialties to create new, powerful joint offerings that do not exist elsewhere in the market.
“Partnering with Escalent is another example of how we’re continuously looking to provide even more robust data to improve the B2B shopping process,” said Kathryn Schifferle, chief vision officer of Work Truck Solutions. — Transport Topics
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