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  6. Highway Toll Administration Acquires Violation Management Services

M&A Deal Summary

Highway Toll Administration Acquires Violation Management Services

On October 11, 2016, Highway Toll Administration acquired business services company Violation Management Services

Acquisition Highlights
  • This is Highway Toll Administration’s 1st transaction in the Business Services sector.
  • This is Highway Toll Administration’s 1st transaction in the United States.
  • This is Highway Toll Administration’s 1st transaction in New York.

M&A Deal Summary
Date 2016-10-11
Target Violation Management Services
Sector Business Services
Buyer(s) Highway Toll Administration
Deal Type Add-on Acquisition

Target

Violation Management Services

Roslyn Heights, New York, United States
Violation Management Services is a provider of violation resolution services for fleets and the rental car industry. VMS has assisted individual renters and companies alike in reducing the inconvenience and financial liability stemming from those violations. Utilizing proprietary processing software (VTS) and intellectual property, VMS offers the most comprehensive system available.

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Buyer(S) 1

Buyer

Highway Toll Administration

Roslyn Heights, New York, United States
Category Company
Founded 2002
Sector Software
DESCRIPTION

Highway Toll Administration LLC is a provider of toll software services for the rental car industry. HTA has processed hundreds of millions of electronic toll collection transactions with data from both transponder-based and license-plate-based video tolling.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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