Unison Capital completed the acquisition of a majority stake in Topes for $45m.

Unison Capital, a private equity firm, completed the acquisition of a majority stake in Topes, a traffic control company, for $45m. Unison Capital is said to have participated in this investment with a plan to grow Topes into a comprehensive transportation solution company in five years. Topes plans to invest in R&D and marketing with the help of Unison Capital to expand its business to smart city, intelligent CCTV, and autonomous driving-related fields, which are attracting attention as future businesses.