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

  • Quarterhill acquires Belgium's iCOMS Detections
    July 19, 2017
    Canadian Investment company Quarterhill has completed the acquisition of Belgian company iCOMS Detections, an intelligent transportation systems company, which will be integrated into Quarterhill’s wholly-owned subsidiary, International Road Dynamics (IRD). Founded in 1993, iCOMS specialises in the design and manufacture of radar microwave detectors and equipment. The company’s products and services are used to detect and count vehicles, bicycles and pedestrians in urban intersections, as speed measurement
  • Developments in smarter multi-modal fare paynment
    February 2, 2012
    This section pulls together all the multi-modal topics in each issue. Subject matter will include smartcards; ticketing and payment systems; passenger information systems; fleet management for buses, trains and light rail; park and ride systems; on-line access to real-time information via Internet portals
  • Vitronic Group sold to Itis Holding
    May 23, 2024
    Itis, owned by investment firm PPF Group, will put in €50m upon "formal completion"
  • Global automotive aftermarket boosted by eRetailing, telematics, says research
    July 25, 2017
    Global Automotive Aftermarket Outlook, recent research from Frost & Sullivan, indicates that penetration of eRetailing in the automotive aftermarket is increasing significantly and is expected to cross US$21 billion globally by the end of 2017. The study provides an overview of the global automotive aftermarket and its growth opportunities. Main industry trends, growth prospects, VIO, eRetail dashboards, country snapshots, and opportunities in North America, Europe, China, India and Latin America are provid