Skip to main content

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.

For more information on companies in this article

Related Content

  • Q-Free increases its stake in Intelight
    March 20, 2015
    Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second
  • Init continues growth in France
    October 8, 2015
    Init has taken another step into the French market with the acquisition of the assets of LC Consultant and its public transport rostering and dispatching software, Webus. Init has already been working with LC Consultant in Greater Avignon on a project which includes the installation of Init’s intermodal transport control system, Mobile-ITCS, including planning and depot management systems which have been interfaced to the Webus system. The LC Consultant team will remain based in Saint-Cloud, near Pa
  • Mexico expands free-flow tolling’s boundaries
    June 14, 2017
    Mexico is implementing one of the world’s largest remote tolling systems backed by Indra’s technology. By Andrew Bardin Williams. Mexico recently implemented one of the largest remote toll systems in the world, covering 4,000km of the country’s public highways. Deployed and maintained by Spanish consulting and technology company Indra, in cooperation with the public utility Caminos y Puentes Federales (CAPUFE), the system allows drivers to pay tolls without stopping by using a TAG electronic device installe
  • Q-Free touts integration of acquired solutions at ITS America
    June 3, 2015
    Q-Free subsidiary Intelight announced today it has named Michael Wieck (left) as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years. “I’m extremely pleased to have Michael take on the role of leading the company. His competence and experience will improve our ability to capture an increasing proportion of a growing market,” said Intelight founder Craig Gardner (right) who will continue as president.