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

  • Ridango and Bregal Milestone acquire software firm uTrack
    May 6, 2025
    MaaS specialist and private equity investor are looking for synergies
  • Global ITS market ‘to grow at a CAGR of over 10 per cent by 2020’
    January 19, 2016
    According to the recently published report by market research and consulting company TechSci Research, Global Intelligent Transportation Systems Market By System, By Application & Competition Forecast and Opportunities, 2010 - 2020, the global ITS market is projected to register a CAGR of more than 10 per cent during 2015-2020. Global intelligent transportation systems (ITS) market witnessed significant growth over the last few years due to implementation of various traffic management and mass transit sy
  • Europe fastest growing region for ITS, says report
    April 15, 2016
    According to Technavio’s latest report, the global intelligent transport systems (ITS) market is expected to exceed US$58 billion by 2020, growing at a CAGR of over eight per cent during the forecast period. The global ITS market is expected to grow moderately during the forecast period. The major customer segments of ITSs are public departments, municipal corporations, government organizations, car and truck leasing companies, and construction firms. “These systems help make traffic and fleet manag
  • GTT partners with language specialist to further develop international presence
    November 13, 2015
    Traffic priority control and sensing systems specialist Global Traffic Technologies (GTT) is continuing the expansion of its international strategy by establishing a relationship with Sajan, which deploys language services ranging from website translation to software localisation. Sajan has offices in Europe, Asia and Latin America, in addition to a network of thousands of in-country translators around the world, which will enable GTT to provide products and services wherever the need for its offerings e