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Pagatelia

Verra Mobility to Acquire Pagatelia, European Leader Facilitating Interoperable Tolling in Four Countries, Accelerating Expansion Across…

Verra Mobility, a global leader in smart transportation, announced it has signed an agreement to acquire Spanish company Pagatelia, a European leader in electronic tolling throughout Spain, Portugal, France and Italy. This acquisition enables Verra Mobility to accelerate its expansion of tolling solutions for rental car and fleet companies across Europe in a rapidly growing global tolling market expected to multiply from 196 million tolling vehicles to more than 540 million by 2025. "We have taken large and critical steps…