PeopleNet

Investment Date

January 2000

Exit Date

August 2011

Headquarters

Minnetonka, Minnesota

PeopleNet

Through innovative technology and products, PeopleNet develops mobile communications solutions for the trucking industry, helping them save money, improve efficiency, safety, compliance and customer service.

Founded in 1994, PeopleNet was the first major technology provider to offer Internet-based and integrated onboard computing and mobile communications to the transportation industry. Over the years, NEP and PeopleNet worked together to build the company from an early-stage start-up to a high growth business.

NEP sold PeopleNet to Trimble Navigation (NASDAQ: TRMB) in August 2011.