System1 Completes Acquisition of RoadWarrior

Rhea-AI Summary

System1, Inc. (NYSE: SST) has successfully completed the acquisition of RoadWarrior, a subscription app designed for route planning tailored to gig economy drivers. The app offers features like an easy interface, manifest syncing, and custom routes beneficial for professional drivers from notable delivery brands. MapQuest's General Manager, John Chipouras, expressed enthusiasm for the acquisition, anticipating enhancements to RoadWarrior through integration with MapQuest's APIs aimed at expanding its user base.

Positive

• Acquisition of RoadWarrior enhances System1's route planning capabilities.
• Access to RoadWarrior's user base of professional drivers from leading delivery brands.
• Potential to grow RoadWarrior's offerings using MapQuest's technology.

Negative

• None.

LOS ANGELES--(BUSINESS WIRE)-- System1, Inc. (NYSE: SST), owners of MapQuest, one of the original consumer mapping services, today announced that it has completed its acquisition of RoadWarrior, a subscription app focused on route planning for today’s ever-growing gig economy drivers.

RoadWarrior’s users include professional drivers from some of the most well-known delivery brands in the world. These drivers find features including its easy-to-use interface, the ability to sync with manifest files, on-the-fly reordering, and custom route options worthwhile additions to their arsenal of tools.

“We are thrilled to welcome the talented RoadWarrior team to the System1 family,” said MapQuest General Manager, John Chipouras. “We think it is really special that the Road Warrior team has built a route planning tool so effective that individual drivers sign up and use it in addition to their company-provided tools. We plan to enhance the product and grow the RoadWarrior user base by bringing MapQuest's deep suite of B2B APIs and by introducing MapQuest's long-standing route planner power users to this new premium subscription product.”

About System1, Inc.

System1 combines best-in-class technology & data science to operate its advanced Responsive Acquisition Marketing Platform (RAMP). System1’s RAMP is omnichannel and omnivertical, and built for a privacy-centric world. RAMP enables the building of powerful brands across multiple consumer verticals, the development & growth of a suite of privacy-focused products, and the delivery of high-intent customers to advertising partners.

For more information, visit www.system1.com.

Source: System1, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220210005992/en/

Stacey Monn-Vudrag

stacey@system1.com

Source: System1, Inc.

FAQ

What is the significance of System1 acquiring RoadWarrior?

The acquisition enhances System1's route planning capabilities and expands its user base in the gig economy.

What features does the RoadWarrior app offer?

The RoadWarrior app offers an easy-to-use interface, manifest file syncing, on-the-fly reordering, and custom route options.

How does the acquisition of RoadWarrior impact System1's business?

Integrating RoadWarrior with MapQuest's APIs is expected to enhance product offerings and grow the user base.

When was the acquisition of RoadWarrior completed?

The acquisition was announced as completed in a press release dated February 10, 2022.

What is the stock symbol for System1?

System1's stock symbol is SST, traded on the NYSE.