Skip to main content

Vinci completes TollPlus buy

Highways group acquires remaining 70% of tolling software and back-office firm
By Adam Hill April 8, 2022 Read time: 1 min
TollPlus buy makes Vinci an immediate player in ETC market

Vinci Highways has completed its acquisition of toll back-office systems specialist TollPlus.       
 
The French group bought the remaining 70% stake it did not already hold in TollPlus, gaining it immediate entry to the burgeoning electronic toll collection (ETC) market.

A subsidiary of Vinci Concessions, it has held a 30% stake in TollPlus for the past six years and has been developing its free-flow tolling interests in the US (Texas and California), Ireland and India.

“With this acquisition, Vinci Highways benefits from one of the best back-office technologies on the market, and sustains its strategy of developing free-flow highways in the US, projects for which back-office software expertise is essential," says Belen Marcos, executive VP of Vinci Concessions and president of Vinci Highways.

For more information on companies in this article

Related Content

  • Videalert is on move with ZatPark
    March 24, 2021
    Videalert is integrating its cctv enforcement platform with ZatPark's parking software
  • CES 2021 | Connecting cities
    March 1, 2021
    Covid-19 forced the Las Vegas Convention Center to close its doors for CES 2021, but the trade show’s online debut suggests the pandemic is helping cities
  • Tollers make way as NextNav muscles into 902-928MHz spectrum
    July 30, 2013
    Toll operators and Progeny trade claim and counter claim about the potential ramifications of operating in the 902-928MHz spectrum, as Jon Masters finds out. Two months after the Federal Communications Commission (FCC) determined that Progeny can start commercial operation of its NextNav location finding service, the dust has begun to settle. The tolling industry has had a chance to reflect on how this may impact its operations, in the knowledge that NextNav will share the 902-928MHz frequency band with RFI
  • €10.9m grant kick-starts German AV project
    April 15, 2021
    Government-backed Kelride seeks to integrate autonomous vehicles into public transport