Verra Mobility completed the acquisition of T2 Systems from Thoma Bravo or $356m.

Verra Mobility, a provider of smart mobility technology solutions, completed the acquisition of T2 Systems, a firm that develops parking management software, from Thoma Bravo for $356m. "Parking management is a cornerstone of smarter, more efficient roadways to support rapidly growing cities. This acquisition expands our portfolio of urban mobility solutions. We are thrilled to welcome the talented T2 Systems team to Verra Mobility, and we look forward to continuing to deliver the customer service excellence that has defined the T2 brand for years," David Roberts, Verra Mobility President and CEO.