June 1, 2015
Raymond Fröjd, Sébastien Delattre
Gatso acquired by Sensys Traffic
Pioneering the speed enforcement market
Founded in 1958 by Dutch rally driver Maus Gatsonides, Gatso is a Netherlands-based leading supplier of road safety enforcement systems, and Sensys Traffic’s main competitor in Europe.
Gatso provides its customers with a wide range of devices to measure speed, control intersections or manage traffic, as well as a software package to process data and enabling to log, notify and collect traffic penalties.
Gatso is the largest traffic enforcement equipment provider in the UK, The Netherlands and Belgium, and enjoys strong market shares in France and Switzerland, as well as presence in the United States.
Combining to create a European market leader with global operations
The merger of the operations of Sensys Traffic and Gatso creates the largest supplier of traffic enforcement equipment with a strong and unique value proposition in the managed services market.
The new entity, named Sensys Gatso Group, is listed in Stockholm (Nasdaq OMX) and generates pro forma revenues of c. EUR 46m with a 15% EBITDA margin from an installed base of c. 18,000 systems worldwide.
Ideally positioned to continue growing
Sensys Gatso Group expects to leverage its track-record and leading position in Europe to win more clients in the equipment segment.
The group will also have the ability to provide end-to-end, fully integrated solutions for the operator markets, which will mechanically reduce the volatility of the project-oriented equipment business.
GCA Altium acted as sole advisor to the buyer.