Vinci Highways acquires the remaining 70% stake in Tollplus
Date
April 13, 2022
Type
M&A Transactions
Subtype
Transaction completed
Countries
(USA) United States of America
Subsectors
Road
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Vinci Highways has acquired the remaining 70% stake it did not already hold in TollPlus Inc, a software company that specializes in toll road back-office systems and mobility solutions.
Vinci had acquired the 30% stake earlier in the year 2016. With this acquisition, VINCI Highways becomes an immediate player in the Electronic Toll Collection (ETC) market. ETC is a strongly growing market, especially in the USA.
