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Telvent Acquires Caseta Technologies

April 2007

Telvent (Nasdaq: TLVT) specializes in providing high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments
North American subsidiary, Telvent Farradyne, Inc., delivers an array of services and software related to traffic management, travel information and electronic toll collection systems
Telvent retained M&A International Inc. partners TM Capital and Closa Corporate Finance (Closa) to identify and pursue acquisition targets to expand its traffic and transportation business
TM and Closa assisted Telvent in completing the acquisition of Caseta Technologies, a provider of end-to-end, in-lane and plaza/host electronic toll collection systems
The acquisition of Caseta further strengthens Telvent's position as a major supplier of electronic toll collection and intelligent transportation systems in the U.S., as well as globally



 

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