Quarterhill Inc. Acquires Electronic Transaction Consultants (ETC)
September 1, 2021
Quarterhill Inc. completed the acquisition of 100% of Electronic Transaction Consultants, LLC (ETC), a Richardson, Texas-based intelligent transportation systems (ITS) and tolling provider, for C$150.0 million funded with C$75.0 million cash and C$75.0 million of syndicated debt. The deal gives Quarterhill a leading position in the U.S. tolling market, and Quarterhill expects ETC to generate C$95–120 million of annualized revenue (post-synergies) and C$12.5–15.0 million of Adjusted EBITDA within 12–18 months.
- Buyers
- Quarterhill Inc.
- Targets
- Electronic Transaction Consultants, LLC
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Align Capital Partners Acquires Electronic Transaction Consultants (ETC)
August 10, 2020
Transportation
Align Capital Partners, a growth-oriented private equity firm, has acquired Electronic Transaction Consultants (ETC), a Richardson, Texas-based provider of tolling and intelligent transportation systems. The partnership will support ETC’s expansion into adjacent mobility markets and accelerate development and commercialization of its riteSuite mobility products and managed services.
-
Great Plains Communications Acquires Enhanced Telecommunications Corporation (ETC)
June 25, 2020
Telecommunications
Great Plains Communications, backed by investor Grain Management, has completed the acquisition of Enhanced Telecommunications Corporation (ETC), a family-owned Southeastern Indiana telecommunications provider. The deal expands Great Plains' fiber footprint and broadband services into Indiana, adding ETC's ~14,000 customers and a local workforce of over 90 employees.
-
Hexagon AB Acquires ETQ
February 25, 2022
Cloud & SaaS
Hexagon AB acquired ETQ, a Massachusetts-based provider of SaaS quality (QMS), EHS and compliance management software, for $1.2 billion in cash on a debt- and cash-free basis. ETQ—headquartered in Burlington, Massachusetts with ~185 employees and expected 2022 revenue of ~$75M—will join Hexagon’s Manufacturing Intelligence division to accelerate Hexagon’s cloud journey and expand its quality-management capabilities across manufacturing and regulated industries.
-
Entech Acquires IT Solutions (ITS) Group
June 29, 2023
IT Services
Entech, a Fort Myers-based managed technology and cybersecurity provider, has completed the acquisition of IT Solutions (ITS) Group of Bradenton. The deal expands Entech's Florida footprint (including Orlando) and enables founders Gary and Mary Hebert to step away while integrating ITS's team into the combined organization of roughly 90 employees serving 300+ businesses.
-
Continuim Equity Partners Acquires Electro-Tech Industries
May 21, 2025
Manufacturing
Continuim Equity Partners has acquired Electro-Tech Industries (ETI), a Houston-based manufacturer of engineered electrical power distribution solutions. Continuim — in its first platform investment from Fund II and first in its power generation, transmission and distribution thesis — will partner with ETI's founder George Houche, who will remain a significant shareholder, to expand manufacturing capacity and accelerate growth.
-
Quantic Electronics Acquires ECI Transcon Technologies
September 9, 2021
Manufacturing
Quantic Electronics, a portfolio company of Arcline Investment Management, has acquired ECI Transcon Technologies, a designer and manufacturer of custom passive magnetic/electromagnetic components. The deal is the first step in Quantic’s plan to build an electromagnetic technology platform and expand its capability and product portfolio across aerospace, automotive, industrial and other end markets.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.