Iteris - M&A Summary, Ownership, and Business Overview

Technology HardwareCompany

Iteris M&A Summary

Iteris has acquired 2 companies of its own, including 2 in the last 5 years. It has also divested 2 assets.

Iteris’ largest acquisition to date was in 2020, when it acquired TrafficCast International for $16M. Iteris has acquired in 2 different US states. The Company’s most targeted sectors include engineering (50%) and information technology (50%).

Iteris Ownership

Who owns Iteris?

Iteris is owned by Almaviva. It was acquired on August 9, 2024.

Iteris Business Overview

Where is Iteris headquartered?

Iteris is headquartered in Austin, Texas.

What is Iteris’ revenue?

Iteris disclosed revenue of 172M USD for 2024 and 156M USD for 2023.

What sector is Iteris in?

Iteris is a technology hardware company.

When was Iteris founded?

Iteris was founded in 1969.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Iteris

Iteris, Inc.

1250 S Capital of Texas Hwy Bldg 1, Suite 330,
Austin, Texas 78746
United States,
(512) 716-0808
www.iteris.com

Iteris is a provider in the traffic management market delivering total solutions for public and private sector clients in key markets worldwide. The company develops and applies advanced technologies to reduce traffic congestion and improve the safety of its surface transportation system. Iteris was founded in 1987 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 1 1 - - - - 2
vol $11M $16M $27M
Sell (0.4/yr) # - 2 - - - - 2
  4

Most Recent M&A

Company Date Value Type
TrafficCast International, Inc. 2020-12-07 16M USD Add-on Acquisition
Middleton, Wisconsin · www.trafficcast.com
ClearAg, Inc. 2020-05-04 - Divestiture
, California
ClearPath Weather 2020-05-04 - Divestiture
, California · www.clearpathweather.com
Albeck Gerken, Inc. 2019-06-14 11M USD Add-on Acquisition
Tampa, Florida · www.albeckgerken.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services - - 2 (100%) -
Engineering 1 (50%) 11M (40%) - -
Information Technology 1 (50%) 16M (60%) - -
Total 2 $27M 2 -

By Geo

State/Country Buy Value Sell Value
United States 2 27M 2 -
  California - - 2 -
  Wisconsin 1 16M - -
  Florida 1 11M - -
Total 2 $27M 2 -

Deal Values

buy # Total
< $100M 2 $27M
TOTAL $27M
Largest TrafficCast International, Inc.
$16M (2020-12-07)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

 Subscribe to unlock this and 208,055
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 203K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.