Prague, September 8, 2025 – Commander Services, s.r.o., a member of the Seyfor Group, has acquired a 100% stake in Radium s.r.o., the developer of the Fleetware system for GPS vehicle monitoring, fleet management, and integrated IoT scenarios. The transaction significantly expands Commander's presence on the Czech market and strengthens its development capacities in both software and hardware. It also opens new opportunities for implementing advanced telematics solutions across various industries–from municipal and technical services to logistics and security forces.
Fleetware and Radium's Expertise
Radium s.r.o. is behind the development of Fleetware, a well-established brand in the field of telematics, dispatch systems, and vehicle logbooks, complemented by proprietary hardware and extensive use of IoT sensors. The company has long operated in segments where robustness, stability, and adaptation to specific operational scenarios are key—typically in fleet management, waste management, and emergency or intervention services.
“Fleetware from Radium strategically complements our portfolio with a proven solution that aligns with our existing services and market presence. Together, we will be able to accelerate the development of our software solutions and share customer needs and practical experience across the Czech and Slovak markets. While this marks the conclusion of the acquisition, it's only the beginning of our collaboration. In the future, we'll leverage the specific know-how of the entire Commander Group and the long-term expertise of T-Cars, which we acquired two years ago,“ said Miroslav Bielčik, CEO of Commander.
Strategic Importance of the Acquisition
The acquisition of Radium fits into Seyfor's long-term strategy.
“By acquiring Radium, we're strengthening our telematics division Commander with top-tier know-how in both software and hardware development and reinforcing our position on the Czech market. Customers will benefit from faster innovation, deeper integrations with other systems, and improved service across regions,“ added Martin Cígler, CEO of Seyfor.
Integration Potential and Future Outlook
The strategic synergy was further detailed by Martin Kudrna, Chief Synergy & Growth Officer at Seyfor:
“This transaction is a step toward faster integration of telematics with customers' information systems. We want data from vehicles and IoT sensors to seamlessly feed into their ERP, planning, and controlling systems.“
Commander becomes the new 100% owner of Radium, which will continue to operate as an independent entity. Maroš Krnáč will remain CEO, leading further development and integration processes, while Jiří Kudrna will gradually step down from his executive role.
“The partnership with Commander opens enormous opportunities for us. Integrating Fleetware data into Seyfor's existing systems will allow organizations to unify and automate many time-consuming operations. I believe that the synergy between Radium and Commander extending into ERP systems will bring companies revolutionary fleet management solutions,“ concluded Maroš Krnáč, CEO of Radium s.r.o.
The acquisition agreement was signed on September 4, 2025. The companies have decided not to disclose the transaction value, stating only that it amounts to several tens of millions of Czech crowns.
About SEYFOR
Seyfor, a.s. is one of Europe's major providers of ICT solutions. The company employs over 1,900 people and serves customers in 42 countries. It is among the fastest-growing IT companies in the region and the largest Czech developer of accounting, ERP, payroll, and HR systems. In recent years, the company has significantly expanded its portfolio to include POS systems, recruitment software, digital transformation solutions, and the use of AI in corporate environments. Seyfor's continuous growth is underscored by a series of strategic acquisitions across Europe, which strengthen its position both in the Czech Republic and abroad. The controlling owners are the Slovak investment company Sandberg Capital and Czech entrepreneur Martin Cígler. The company was originally founded in the Czech Republic in 1990 as Cígler Software and operated under the Solitea brand from 2017 to 2022.
About Commander Services, s. r. o.
Commander Services, s.r.o., part of the Seyfor IT group, is a market leader in GPS fleet monitoring in Slovakia and a significant player in the Czech Republic. Established in 2005, it provides a comprehensive cloud-based SaaS solution for vehicle monitoring and fleet management, combining advanced tracking, reporting, and integration with business processes. With in-house development, the company can flexibly meet customer-specific needs while offering proven best practices in fleet management. Among its more than 9,000 clients are Slovak Telekom, SPP-Distribúcia, and DPD. The Commander Group monitors over 145,000 assets. In 2023, it expanded further in the Czech market by acquiring T-Cars.
About Radium s.r.o.
Radium s.r.o. is a Czech technology company based in Prague. It develops and delivers the Fleetware solution for GPS vehicle monitoring, fleet management, and IoT integrations, including specialized hardware units for demanding operational environments.
