M&A Deal Summary

ITIS Holding Acquires PaySystem

On March 4, 2022, ITIS Holding acquired information technology company PaySystem

Acquisition Highlights
  • This is ITIS Holding’s 4th transaction in the Information Technology sector.
  • This is ITIS Holding’s 2nd transaction in Slovakia.

M&A Deal Summary
Date 2022-03-04
Target PaySystem
Sector Information Technology
Buyer(s) ITIS Holding
Deal Type Add-on Acquisition

Target

PaySystem

Bratislava, Slovakia
PaySystem provides cashless toll payment solutions for carriers in the Czech Republic and Slovakia, for example through a Profit card issued in cooperation with the Czech Chamber of Commerce. PaySystem develops and innovates intelligent solutions for the toll system with regards to the European Commission’s directive on EETS – European Electronic Toll Collection Service. PaySystem is based in Bratislava, Slovakia.

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Buyer(S) 1

Buyer

ITIS Holding

Prague, Czech Republic
Category Company
Sector Information Technology
DESCRIPTION

ITIS Holding specialises in smart transport infrastructure solutions. It is dedicated to innovation and advanced services linked to traffic control and regulation in cities, conurbations and beyond, and the management of safety, efficiency and environmental challenges. ITIS Holding is based in Prague, Czech Republic.

DEAL STATS #
Overall 4 of 4
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 4 of 4
Country (Slovakia) 2 of 2
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-04 SkyToll

Bratislava, Slovakia

SkyToll combined satellite GNSS technology for positioning, microwave DSRC technology for short-distance communication, and mobile GSM technology for communication in mobile networks. SkyToll has been operating the satellite toll system built by it in Slovakia. SkyToll was founded in 2008 and is based in Bratislava, Slovakia.

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