Announced
Financials
Sources
Tags
Brazil
Cross Border
Private
parking technology
toll colection
Acquisition
Completed
Single Bidder
Mobility
Friendly
Majority
Synopsis
Edenred, a digital platform for services and payments, completed the acquisition of a 51% stake in Greenpass, an automatic toll and parking payment solutions provider, for $15m. "We’re delighted to be joining Edenred, the leader in fleet and mobility solutions in Latin America. This deal will enable us to combine Ticket Log’s commercial fire power with our teams’ technological expertise and become a fully integrated part of its ecosystem of connected services so we can continue to expand and enrich our innovative offering on the dynamic Brazilian toll market," Joao Cumerlato, Greenpass CEO.
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