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Telvent (Nasdaq: TLVT) specializes in providing high value-added products, services and integrated solutions for the Energy, Transportation, Environment and Public Administration industry segments |
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North American subsidiary, Telvent Farradyne, Inc., delivers an array of services and software related to traffic management, travel information and electronic toll collection systems |
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Telvent retained M&A International Inc. partners TM Capital and Closa Corporate Finance (Closa) to identify and pursue acquisition targets to expand its traffic and transportation business |
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TM and Closa assisted Telvent in completing the acquisition of Caseta Technologies, a provider of end-to-end, in-lane and plaza/host electronic toll collection systems |
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The acquisition of Caseta further strengthens Telvent's position as a major supplier of electronic toll collection and intelligent transportation systems in the U.S., as well as globally |
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