Neology

Neology specializes in integrated solutions for tolling, electronic vehicle registration, and public safety markets. As a pioneer in passive RFID technology, the company holds significant intellectual property within the industry. Neology aims to enhance urban mobility and community safety through its innovative platform, which combines artificial intelligence-driven adaptive solutions with a proven integration process and lifecycle support. This platform connects existing infrastructure with next-generation technology, ultimately modernizing transportation and creating safer, more efficient mobility experiences for communities.

John Miller

Vice President, Product and Technical Delivery

4 past transactions

P Square Solutions

Acquisition in 2024
P Square Solutions provides software solutions, system integration, and consulting for developing, implementing, and testing toll systems.

Shimmick Construction

Private Equity Round in 2023
Shimmick Construction Company, Inc. is a prominent heavy civil construction firm based in Oakland, California, specializing in general construction, construction management, and design-build services for federal, state, and local agencies as well as private clients across California and the Western United States. Established in 1990, the company operates through two primary segments: Construction Projects and Construction Materials. The Construction Projects segment encompasses a diverse range of infrastructure projects, including roads, highways, bridges, and utilities, while the Construction Materials segment focuses on mining and processing aggregates and producing construction materials. Shimmick Construction is recognized for its ability to self-perform various aspects of complex projects, leveraging a substantial fleet of heavy equipment to ensure high-quality deliverables that meet project timelines and budgets.

tapNpay

Acquisition in 2023
tapNpay is a financial services provider specializing in payment solutions, particularly in the toll collection sector. The company offers a range of services, including direct carrier billing, which allows drivers to pay tolls conveniently through their mobile phones. This technology simplifies the payment process for toll agencies, enhancing revenue collection by facilitating seamless transactions. Additionally, tapNpay provides services related to parking payments and congestion charge payments, further broadening its scope in the payment services market. With a focus on customer support, the company ensures that users have access to assistance through various communication channels.

3M-Tolling and Automated License Plate Recognition Business

Acquisition in 2017
3M's tolling and plate-recognition technology is used used to scan vehicle plates or tags as they pass through toll areas. It also provides mobile and fixed cameras and software and its tolling solutions include RFID readers.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.