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

  • Tolling: it’s time to open up
    May 24, 2023
    Europe sees more and more tolling schemes being implemented based on GNSS technology and an ‘open marketplace’ model. What are the drivers behind this trend and do those schemes show how toll systems will look in the future? Peter Ummenhofer of Go Consulting goes out on the road
    Read More
  • NTTA: Diversity boosts access & opportunity
    November 3, 2021
    North Texas Tollway Authority has won IBTTA’s first Diversity, Equity and Inclusion Award. But what made the organisation’s focus on disadvantaged, minority and woman business enterprises stand out?
    Read More
  • Data exploits parking potential
    March 11, 2015
    David Crawford parallel parks with innovations in two continents. Surveys of US cities indicate that drivers searching for parking can account for up to 37% of all urban traffic congestion. A 2011 study by IBM of 20 cities around the world found that nearly six out of ten drivers had abandoned their search for a parking space at least once; while motorists generally spent on average 20 minutes looking for a sought-after spot.
    Read More
  • Vietnam launches project to integrate the country's ETC systems
    September 14, 2015
    As part of a master plan for its highways, Vietnam is pushing ahead with a demonstration project aimed at integrating the country’s electronic toll collection (ETC) systems. Vietnam is making steady progress in introducing ETC systems into the country's expressway network, but many are calling for the country to integrate its three separate communication modes currently in service – active dedicated short range communications (DSRC), passive DSRC and radio frequency identification (RFID). The Director
    Read More

Highlighted Content