1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Germany >
  5. Innovation in Traffic Systems AG Acquires HanseCom

M&A Deal Summary

Innovation in Traffic Systems AG Acquires HanseCom

On September 28, 2016, Innovation in Traffic Systems AG acquired software company HanseCom

Acquisition Highlights
  • This is Innovation in Traffic Systems AG’s 2nd transaction in the Software sector.
  • This is Innovation in Traffic Systems AG’s 1st transaction in Germany.

M&A Deal Summary
Date 2016-09-28
Target HanseCom
Sector Software
Buyer(s) Innovation in Traffic Systems AG
Deal Type Add-on Acquisition

Target

HanseCom

Hamburg, Germany
HanseCom GmbH is a provider of sales and customer management systems for public transport in Germany. HanseCom software helps more than 50 public transport companies to manage, bill and analyse subscriptions as well as ticket sales and follow up on fare dodgers.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Innovation in Traffic Systems AG

Karlsruhe, Germany
Category Company
Founded 1983
Sector Software
Employees538
DESCRIPTION

Innovation in Traffic Systems AG (Init) is a provider of integrated telematics, planning, scheduling and ticketing solutions for buses and trains.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-01 LC Consultant SARL

Saint-Cloud, France

LC Consultant SARL is a developer of software, called Webus, for service planning and personnel arrangement in the public suburban traffic.

Buy -
Mergr

Solution for

Product

Company

Legal