CanTrack Global made a statement of intent this week by bringing in experienced Group Financial Director, Dean Cook to the company.
Dean has a successful record of increasing company values through acquisitions and mergers while providing cost reduction opportunities.
Bringing Dean onto the Board at CanTrack is a strong signal of intent for the rapidly growing business. CanTrack Global have grown over 40% year on year for five years straight, and that requires tight management to ensure that the growth continues in a way that is both sustainable and profitable.
Commenting on Dean’s arrival, Peter Thompson, Managing Director of CanTrack Global said “Deans exceptional track record in FD and Group FD roles, often on behalf of banks and deal specialists like KPMG and PwC, really set him a world apart from other individuals we considered.
“His time working for PwC and KMPG on interim Financial Director positions, turnarounds and mergers and acquisitions, also matches our ambitions perfectly. CanTrack is looking to invest in (or acquire) businesses that can match our strategic direction and scale the business more rapidly. We’ve just opened in Ireland and Northern Ireland, which is the first step in a strategy to drive our business into international growth through investment. With Dean’s hire, we will be looking to secure additional funding for strategic activities.
“What CanTrack offers its clients is genuinely unique and unparalleled by any other business in the telematics or security spaces, and we intend to capitalise on that.”
Dean added “I am incredibly excited at joining CanTrack Global, a leading software provider of integrated theft recovery and GPS tracking solutions based in the UK & Ireland. This is an amazing time to join a rapidly growing business, led by Peter and supported by an excellent SMT which will drive the business forward to even greater success. I am privileged to join a progressive and appreciative company with an ethos and values that are mutually aligned.”