Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

Verra Mobility Corporation

Business Services • Private Transaction • Acquired in May 2017

Leading transportation solutions company that provides road safety cameras and processing of traffic violations and management and processing of tolls and fleets in the U.S.



KEY FACTS

 

  • Acquired from founders and private equity owners in May 2017. Following the acquisitions of Highway Toll Administration and Euro Parking Collection the company formerly known as American Traffic Solutions relaunched as Verra Mobility Corporation. 
  • Founded in 1992 and headquartered in Mesa, Arizona
  • Operates in 15 countries and in 18 languages. 
  • The company serves the world's largest commercial fleets and rental car companies to manage tolling transactions and violations for more than 8.5 million vehicles
  •  A leading provider of connected systems, processing nearly 165 million transactions each year through connectivity with more than 50 individual tolling authorities and more than 400 issuing authorities.

INITIATIVES

  • Support management in their growth initiatives, including increasing technological capabilities, penetrating adjacent product categories, and entering international markets
  • Partner with the company to execute on operational initiatives and grow the business organically
  • Seek add-on investments to grow market presence and penetrate into adjacent categories

 

NEWS

Verra Mobility Announces Merger Agreement with Gores Holdings II, Inc.  »

Platinum Equity Completes Acquisition of American Traffic Solutions »


Platinum Equity to Acquire American Traffic Solutions»

 

updated 6/17

 
 
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