M&A Deal Summary

Bestpass Acquires MMTA

On March 23, 2021, Bestpass acquired transportation company MMTA

Acquisition Highlights
  • This is Bestpass’ 1st transaction in the Transportation sector.
  • This is Bestpass’ 1st transaction in the United States.
  • This is Bestpass’ 1st transaction in Maryland.

M&A Deal Summary
Date 2021-03-23
Target MMTA
Sector Transportation
Buyer(s) Bestpass
Deal Type Add-on Acquisition

Target

MMTA

Columbia, Maryland, United States
MMTA is a non-profit, member-driven trade organization that has been serving Maryland's trucking industry. MMTA is one of the trucking associations in the country, representing 1,000 member companies. MMTA was founded in 1953 and is based in Columbia, Maryland.

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Buyer(S) 1

Buyer

Bestpass

Albany, New York, United States
Category Company
Founded 2001
Sector Software
DESCRIPTION

Bestpass is a comprehensive payment platform provider and leader in toll management solutions for commercial fleets of all shapes and sizes. With more than 13,000 customers and more than 675,000 deployed toll transponders in the United States and Canada, Bestpass ensures data accuracy, consolidates payments, delivers invaluable industry expertise, and saves its users time and money. Bestpass was founded in 2001 and is based in Albany, New York.

DEAL STATS #
Overall 1 of 4
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Maryland) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-29 ExpressTruckTax

Rock Hill, South Carolina, United States

ExpressTruckTax offer truckers and fleet owners a simple solution for maintaining their compliance with the IRS by filing Form 2290 and amendments. ExpressTruckTax was founded in 2011 and is based in Rock Hill, South Carolina.

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