Neology Acquires Shimmick's Transportation Operations & Management Solutions (TOMS) Business
July 17, 2023
Neology has acquired Shimmick’s Transportation Operations & Management Solutions (TOMS) division based in Sunrise, Florida. The acquisition expands Neology’s tolling operations, back-office and advisory capabilities while enabling Shimmick to focus on its core water and transportation infrastructure businesses.
- Buyers
- Neology, Inc.
- Targets
- Shimmick's Transportation Operations & Management Solutions (TOMS) business
- Sellers
- Shimmick Corporation
- Industry
- Transportation
- Location
- Florida, United States
- Transaction Type
- Divestiture
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