Kapsch TrafficCom AG yesterday concluded the acquisition of MARK IV
IVHS, which includes operations in the United States, in Canada and in
Mexico, from subsidiaries of MARK IV, LLC, for a purchase price of
approximately USD 70 million (approximately EUR 53 million). The
acquisition of the largest equipment supplier for electronic toll
collection (ETC) systems in North America is further evidence of Kapsch
TrafficCom’s firm commitment to the North American market. This
acquisition enables Kapsch TrafficCom to offer its current and future
customers in North America an extended end-to-end product and solution
portfolio for Intelligent Transportation Systems (ITS) and ETC.
Kapsch TrafficCom is positioned to offer customers one of the broadest
portfolios of intelligent transportation solutions around the globe, in
addition to delivering outstanding customer service. The expanded Kapsch
TrafficCom team in North America is now ideally positioned to meet the
challenges and demands of current and future customers. MARK IV IVHS
team members will continue to provide the service and support that
customers throughout the United States, Canada and Mexico have come to
rely on.
"This is a historic day for Kapsch and MARK IV IVHS and for the
customers we serve,” said Georg Kapsch, CEO, Kapsch TrafficCom.
"Independently, each has been an industry leader, and together we
possess even greater financial strength and ingenuity to deliver
leading-edge intelligent transportation solutions. Our collective
resources will further our efforts to enhance road safety and enable a
better overall experience for drivers while providing industry-leading
quality of service to our existing tolling and transportation customers.”
Georg Kapsch added, "With the acquisition of MARK IV IVHS we are taking
the next significant step in the North American market. Our combined
strength, know-how, and ingenuity fortify Kapsch TrafficCom’s position
in the marketplace. Kapsch TrafficCom was successful in a number of
significant projects this year, such as our projects in South Africa and
Poland. In addition, MARK IV IVHS just recently announced a new contract
in Mexico. Together we have already set ambitious new goals for the
North American market.”
"This is a win-win,” said Chris Murray, President, MARK IV IVHS. "Our
clients will benefit from our combined scale and strength as we bring
together the best of both organizations and cultures. I look forward to
beginning a new chapter in applying our combined assets to provide
top-of-the-line technology solutions and further enhanced customer
service.”
For over 20 years, Kapsch TrafficCom has been one of the leading
international suppliers of innovative road traffic telematics solutions.
Kapsch TrafficCom provides customer demand driven solutions which
utilize the best technologies suited to meet the requirements of the
application and the client’s needs.
MARK IVHS is the largest supplier of ETC equipment based on 915 MHz with
the largest customer base in North America.
MARK IV IVHS is a designer and manufacturer of dedicated
short-range communication (DSRC) devices that are widely used by
highway, toll, turnpike, tunnel, and bridge authorities to enable
intelligent transportation systems (ITS) such as electronic toll
collection (ETC) and automated weigh station bypass. With more than 21.8
million transponders on-the-road and more than 3,700 lanes equipped,
MARK IV IVHS is the largest supplier of ETC equipment in North America.
With 142 employees, MARK IV IVHS has enabled many landmark ITS
deployments, including: the world’s first non-stop, all-electronic toll
road (Highway 407 ETR, Canada); interoperability between truck
electronic preclearance systems and toll collection (PrePass); and, the
E-ZPass® system of the 24 toll authorities in 14 states who comprise the
E-ZPass® Group in the Northeastern United States. E-ZPass® is a regional
ETC system that can be used throughout the Northeast and Midwest regions
of the United States. MARK IV IVHS also recently announced a contract
award in Mexico.
Kapsch TrafficCom is an international supplier of superior
intelligent transportation systems (ITS). Its principle business is the
development and supply of electronic toll collection (ETC) systems, in
particular for the multi-lane free-flow (MLFF) of the traffic, and the
technical and commercial operation of such systems. Kapsch TrafficCom
also supplies traffic management systems, with a focus on road safety
and traffic control, and electronic access systems and parking
management. With approximately 240 references in 39 countries on all 5
continents, and with more than 19 million on-board units (OBUs)
delivered and more than 13,000 lanes equipped, Kapsch TrafficCom has
positioned itself among the leading suppliers of ETC systems worldwide.
Kapsch TrafficCom is headquartered in Vienna, Austria, and has
subsidiaries and representative offices in 25 countries.
