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.
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 heavy civil construction firm based in Oakland, California, specializing in general construction, construction management, and design-build services for federal, state, and local public agencies, as well as private clients throughout California and the Western United States. Founded in 1990, the company operates in 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 the mining and processing of aggregates and the production of construction materials. Shimmick Construction is noted for its ability to self-perform various aspects of complex projects, utilizing a substantial fleet of heavy equipment, which contributes to its reputation for delivering high-quality work on time and within budget. The company operates as a subsidiary of AECOM.
tapNpay
Acquisition in 2023
tapNpay is a financial services provider that specializes in payment solutions, particularly in the area of toll collection. The company has developed a payment technology that simplifies the toll payment process by enabling mobile payment options, including direct carrier billing. This innovation allows drivers to pay tolls directly through their cell phones, enhancing convenience and improving revenue collection for toll agencies. In addition to toll payments, tapNpay offers services such as parking payment and congestion charge payment, along with customer support through email and contact options.
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.
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