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.

Related Content

  • July 23, 2021
    TollPlus deploys NTTA back-office system
    Vinci Highways subsidiary TollPlus' solution can handle six million transactions per day
  • June 11, 2012
    IRD wins major tolling contract in India
    International Road Dynamics (IRD) has announced that its wholly-owned subsidiary, International Road Dynamics South Asia (IRDSA), has been awarded a major contract from Reliance Infrastructure in India valued at over US$1.66 million. The contract award for the prestigious Gurgaon Faridabad expressway in the state of Haryana in India spans over 50 lanes across four toll plazas, and includes 12 lanes of electronic toll collection using radio frequency identification readers and transponders as well as four st
  • June 25, 2012
    Cofiroute USA installs management system for 91 Express Lanes
    Cofiroute USA, which introduced toll road automation on the 91 Express Lanes in Orange County, California, has installed a fully integrated back office system as part of a five year US$38.5 million contract awarded earlier this year. The system provides for transponder tracking, accounting, a web-based consumer interface and dynamic pricing capabilities. The company worked with its software partner TollPlus to meet the specific requirements of the Orange County Transportation Authority (OCTA). This include
  • July 17, 2014
    Q-Free acquires Open Roads Consulting
    Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will