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Verra Mobility Celebrates 5-Year Anniversary on Nasdaq
MESA, Ariz., Oct. 18, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, celebrates
About this update from Verra Mobility Corporation
[{"type":"text","content":"MESA, Ariz., Oct. 18, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, celebrates its five-year anniversary as a publicly traded company.\n\n \n \n \n \n \n \n\n \n\"This is a significant milestone in our incredible journey to become a leader in smart mobility solutions,\" said David Roberts, president and CEO, Verra Mobility. \"Our core values, shared purpose and the Verra Mobility operating system have all been instrumental in driving continued growth and profitability.\"\nVerra Mobility went public in October 2018, and the Company has since grown into new markets and expanded geographically.\nVerra Mobility strengthened its portfolio of automated safety enforcement solutions for cities and government customers with the acquisition of Redflex in 2021. It also expanded the Company's offerings into Europe and Australia. In December 2021, the Company entered the parking solutions market with the acquisition of T2 Systems, a leading provider of parking hardware, software and services for universities, municipalities and parking operators.\nToday, Verra Mobility's approximately 1,600 employees serve more than 2,400 customers in 11 countries, helping to improve fleet operations and enhance urban mobility. The Company has deployed more than 10,000 automated camera-based systems for red-light, speed management and school-bus stop arm enforcement programs, helping to improve safety and promote healthier communities.\nVerra Mobility also provides tolling and violations management solutions and title and registration services for fleets with nearly 6 million vehicles managed by the Company's offerings.\nThe Company's Parking Solutions business segment's SaaS and hardware offerings provide thousands of universities, municipalities and parking operators with customer relationship management, parking permit management, enforcements and collections and analytics and reporting.\n\"We recognize and appreciate each of our employees around the world for their commitment and their passion,\" said Mr. Roberts. \"We are grateful to all of our customers and partners and look forward to continuing to serve them at their highest point of need.\"\nAbout Verra Mobility\nVerra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make...