Verra Mobility

#3276

Rank

$3.08B

MarketCap US

US United States

Country

Summary
Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Australia, Canada, and Europe. It operates through three segments: Commercial Services; Government Solutions; and Parking Solutions. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs, which detects and process traffic violations related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration services to rental car companies, fleet management companies, and other large fleet owners. The Parking Solutions segment provides an integrated suite of parking software and hardware solutions to universities, municipalities, parking operators, healthcare facilities, and transportation hubs. The company was incorporated in 2016 and is headquartered in Mesa, Arizona.

History

Verra Mobility was formed after the 2017 merger of American Traffic Solutions (ATS) and CrossingGuard, two industry leading companies in the United States. The merger formed Verra Mobility Corp. (NASDAQ: VRRM) a public company and leader in the smart mobility industry.


Mission
Verra Mobility is unifying technology with customer service to improve mobility and make streets safer for everyone.

Vision
Verra Mobility is dedicated to transforming mobility and making every street a safer place. We are committed to equipping individuals, communities, and cities with the tools they need to reduce traffic congestion, improve urban air quality, and build a safer connected mobility future.

Key Team

Mr. Craig C. Conti (Exec. VP & CFO)

Mr. Raphael Avraham (Sr. Associate Gen. Counsel)

Mr. Jason Rivera (Chief Technology Officer)

Mr. Mark Zindler (VP of Investor Relations)

Mr. Mike McMillin (VP of Corp. Devel. & Strategy)

Mr. Jonathan Baldwin (Exec. VP of Gov. Solutions)


Recognition and Awards
Verra Mobility has won awards and recognition, including being named one of the “Smart 50 Companies” by Intelligent Transport Systems . We were also recognized by AZCentral as one of the “Top Companies to Work For in Arizona.”

References
Verra Mobility
Leadership team

Mr. David Martin Roberts (Pres, CEO & Director)

Mr. Steven C. Lalla (Exec. VP of Commercial Services)

Mr. Norman Blake (Pres of T2 Systems)

Products/ Services
Automotive, Government, GovTech, Transportation
Number of Employees
1,000 - 20,000
Headquarters
Mesa, Arizona, United States
Established
2016
Company Registration
SEC CIK number: 0001682745
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
VRRM
Social Media
Sat Feb 24 2024
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