Q-Free strengthens ATMS business

Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance. Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director
March 28, 2014 Read time: 3 mins
108 Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier 131 TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance.

Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director Mark Phillips. The company specialises in research, design, manufacture, installation and maintenance of ITS, including advanced weigh-in-motion systems, traffic counters and classifiers, journey-time monitoring systems, air quality monitoring systems, and detection systems for pedestrians and cyclists.

“The acquisition of TDC Systems is in line with our long-term strategy to build a strong position within Advanced Transportation Management Systems (ATMS), which is a growth area complementing our current main business in the Road User Charging (RUC) market,” says Q-Free CEO Thomas Falck.

Q-Free expects to see significant growth in the ATMS market, given the benefits of new technology deployment in terms of traffic safety and traffic flow, pollution, and operating costs. In 2012, the company acquired US based parking guidance company 7045 TCS International, which was followed up with the acquisitions of the Serbian traffic management company ELCOM and a strategic 10 per cent investment in 7316 Intelight in the US in 2013. TDC Systems significantly broadens Q-Free’s ATMS portfolio.

“TDC Systems holds advanced technologies, products, and systems software solutions for highways, roads, bridges, tunnel management and urban areas that provide a natural extension of Q-Free’s solutions portfolio. This gives us the opportunity to offer more traffic management solutions to our customers in international markets, “says Falck.

For TDC Systems, the acquisition implies significant increase in market reach, through Q-Free’s international operations and partnership network.

“Becoming a part of Q-Free will further strengthen our market leadership, and all employees are very enthusiastic about the opportunity to become part of a much larger international operation with a global network. The additional market exposure and availability of resources will contribute to further expansion of our business together with the rest of the Q-Free family,” says Mark Phillips, founder and managing director of TDC Systems.

In the longer-term, Q-Free expects that the markets for ATMS and Road User Charging will converge into a joint market for Intelligent Transport Systems (ITS) – both technologically and commercially. Q-Free intends to play an important role in this market, and will continue to build its position through acquisitions as well as further development of its current businesses within this area.
Detection, Monitoring & Machine Vision Classification & Data Collection Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Nairobi looks to ITS to ease travel problems
    March 6, 2018
    Shem Oirere looks at plans to tackle chronic congestion in the Kenyan capital - where commuters can typically expect it to take up to two hours to complete a 15km journey. Traffic jams in the Kenyan capital, Nairobi, are estimated to cost the country $360 million a year in terms of lost man-hours, fuel and pollution. According to Wilfred Oginga, an engineer with the Kenya Urban Roads Authority (KURA), the congestion has been exacerbated by poor regulation and enforcement of traffic rules, absence of
    Read More
  • Contract wins for Sensys Traffic
    July 11, 2013
    Sensys Traffic and the Swedish Transport Administration have signed multi-year contracts estimated to be worth up to US$82.5 million, and at least US$16.5 million for the delivery of monitoring systems and roadside cabinets for traffic safety cameras. Sensys won procurement contracts for measurement systems and measurement cabinets earlier this year. The procurement process was appealed, but following a subsequent decision of the Administrative Court, Sensys and the Swedish Transport Administration have now
    Read More
  • Swarco expands in Switzerland
    April 13, 2018
    Swarco has acquired the majority shareholding in Bergauer Holding. The Switzerland based company develops and integrates intelligent traffic guidance and control systems as well as guidance systems for infrastructure and security projects. For the medium term, the project planning, installation and services activities of Bergauer Signalbau and Swarco will be merged into Swarco Schweiz as part of a strategy to achieve a better service for clients. Bergauer will continue to manage the project planning
    Read More
  • Vivacity to deploy traffic sensors in Australia 
    September 9, 2021
    Bicycle Network compares sensors to 1,000 people with clipboards and pens 
    Read More

Highlighted Content