Quarterhill completed the acquisition of Electronic Transaction Consultants from Align Capital for $150m.

Quarterhill, a growth-oriented company in the intelligent transportation system industry, completed the acquisition of Electronic Transaction Consultants, a transportation systems provider, from Align Capital, a private equity firm, for $150m. "We believe Quarterhill shares our vision for the growth and potential in ITS, and in particular for tech-enabled tolling as an essential solution to help expand, upgrade and support transportation infrastructure. We believe joining Quarterhill will offer us a platform for growth and scale in both our core US market, as well as globally," Bret Kidd, ETC CEO.