Rekor Systems Acquires All Traffic Data Services (ATD) for $19M
January 3, 2024
Rekor Systems, Inc. (NASDAQ: REKR) has completed the acquisition of All Traffic Data Services, LLC (ATD) for $19 million in a mix of cash and stock. The deal expands Rekor’s geographic footprint and urban mobility capabilities by combining ATD’s traffic data collection and engineering services with Rekor’s AI/ML roadway intelligence platform.
- Buyers
- Rekor Systems, Inc.
- Targets
- All Traffic Data Services, LLC
- Sellers
- Seaport Capital
- Industry
- Transportation
- Location
- Colorado, United States
- Transaction Type
- Buyout
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