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Announced

Marston Holdings acquired Videalert.

Synopsis

Marston Holdings, the UK’s largest transportation and enforcement services group, acquired Videalert, a leading supplier of intelligent traffic management and enforcement solutions to local authorities. Financial terms were not disclosed. Marston Holdings’ Chief Executive said: “Videalert is our second acquisition to be announced in 2019 and follows that of Logic Valley, a software developer that specialises in artificial intelligence and mobile application development. The acquisitions are a key part of our ongoing business transformation strategy with new technology-driven service propositions that will deliver even greater value to local authorities. There is a great synergy between Videalert and Marston Holdings at every level, including a longstanding relationship with NSL, which we acquired in 2017."

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