SA’s Sanari Capital Leads USD 23.4 M Investment In Global Telematics Leader Ctrack

Sanari Capital, a South African private equity firm founded in 2013 by Samantha Pokroy, has led a ZAR 406 M (USD 23.4 M) investment in global telematics and fleet management company Ctrack.

Sanari contributed ZAR 250 M (USD 14.4 M) through its 3S Growth Fund, joined by ZAR 156 M (USD 9 M) from its long-time investor partner 27four Investment Managers.

Founded over 40 years ago, South African-born Ctrack operates across Africa, Europe, the UK and Australia, offering predictive telematics insights to industries such as logistics, construction, government, and insurance. Its flagship Crystal platform transforms real-time data from vehicles and assets into actionable intelligence that boosts safety, efficiency, and growth.

The deal follows Ctrack’s 2024 acquisition of Inseego’s international telematics business, which expanded its global footprint with backing from Convergence Partners.

Sanari says the new investment marks a pivotal moment to accelerate Ctrack’s global scale and innovation strategy, while adding a mature, globally active tech business to its portfolio.