Redflex to be acquired by Carlyle and Macquarie

US-based private equity firm The Carlyle Group and Australia's major investment bank Macquarie Group, have announced today that they will purchase Redflex Holdings for US$304 million.
February 3, 2012 Read time: 1 min
US-based private equity firm The 2257 Carlyle Group and Australia's major investment bank 802 Macquarie Group, have announced today that they will purchase 112 Redflex Holdings for US$304 million. The takeover bid offered was AU$2.70 in cash for every Redflex share. Redflex board is recommending the offer and the deal will be finalised in June, providing the company’s shareholders accept the bid.
Detection, Monitoring & Machine Vision Enforcement

For more information on companies in this article

Related Content

  • Cubic to be bought for $2.8bn
    February 8, 2021
    CTS owner is expected to be sold to private equity firms by the end of June this year
    Read More
  • New Guardian set to take over Q-Free
    September 29, 2023
    Investment firm is acquiring toll specialist with existing shareholder Rieber & Søn
    Read More
  • Redflex appoints non-executive director
    August 7, 2013
    Redflex Holdings has appointed a new Australia-based non-executive director, Terence (Terry) Winters, to the Board. Terry Winters has served as chairman and non-executive director of Australian listed and private companies and charities. He is currently Chairman of Seeing Machines, Converge International, Australian Home Care Services (AHCS) and Intelledox. He will complete his term as Chairman of AHCS on 10 September 2013. Redflex says Terry brings a great depth of experience in the governance and operati
    Read More
  • Redflex enforces commitment to ethics
    May 29, 2013
    Redflex has introduced stringent ethical and procedural requirements following an investigation into corruption in Chicago. Like the Phoenix, which also happens to be the name of the company’s home city, Redflex Traffic Systems has been reborn. Following a headline-making public relations debacle late last year, Redflex has reinvented itself, establishing a series of stringent policies and procedures to ensure ethical business conduct, while continuing to deliver the traffic safety technology and services t
    Read More

Highlighted Content