Vinci acquires a stake in ETC supplier TollPlus

Paris-based global toll roads concession and construction company Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.
September 16, 2016 Read time: 1 min

Paris-based global toll roads concession and construction company 5176 Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.

TollPlus, already active in the USA, currently deploys its transaction management system across almost 350 toll plazas in India.

According to Vinci, the acquisition is intended to support the growth of TollPlus and strengthen its own positions in the ETC market, which it believes is set to grow sharply in the USA, Latin America, Europe and Asia.

5938 Cofiroute USA, Vinci Highways' and TollPlus have developed a working relationship in back-office services for ETC.

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Q-Free extends Norway tolling deal
    October 6, 2020
    National back office operation handles one billion transactions per year
    Read More
  • Q-Free awarded framework agreement by Vinci Park
    June 29, 2015
    Q-Free has been awarded a three-year framework agreement for parking guidance systems by European parking operator Vinci Park, which operates 3,900 parking garages in 14 countries worldwide. Q-Free has already installed the first parking guidance system at the Vinci Park car park La Madeleine in central Paris. “This contract represents a breakthrough in the central European market for our parking guidance systems and as such this framework agreement is of strategic importance to Q-Free,” comments Q-Fr
    Read More
  • IBTTA: tolling embraces future of mobility
    August 15, 2019
    The future of mobility is a complex and changing topic. The IBTTA’s Bill Cramer finds the tolling industry is asking new questions – and finding some surprising new answers
    Read More
  • Cloud-based app paves way for near field ticketing
    December 17, 2013
    Cubic latest introduction provides a short cut for transit authorities looking to offer travellers mobile, smart phone payment options. Transit operators wanting to provide travellers with a mobile fare payment option now have an ‘off-the-shelf’ solution in Cubic’s NextWave. Through the use of near field communications (NFC) technology, NextWave turns travellers’ mobile phones and tablets into the equivalent of a ticket vending machine able to instantly re-load contactless transit cards. It also enables the
    Read More

Highlighted Content