Verra Mobility
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$706.86M
5.4
0.20
$879.21M
Verra Mobility Corp. engages in the provision of smart mobility technology solutions. The company is headquartered in Mesa, Arizona and currently employs 1,888 full-time employees. The company went IPO on 2017-01-19. The firm operates through three segments, which include Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment offers toll and violation management solutions and title and registration services for commercial fleet customers, including Rental Car Companies (RACs) and Fleet Management Companies (FMCs) in North America. The company also provides tolling and violations processing services. The Government Solutions segment offers photo enforcement automated safety solutions and services to states, municipalities, counties, school districts, and law enforcement agencies of all sizes. The Parking Solutions segment provides parking software, transaction processing, and hardware solutions to universities, municipalities, commercial parking operators, and health care facilities.
Verra Mobility Corporation is embroiled in a securities fraud lawsuit following allegations of misleading growth forecasts and the termination of a key contract with Avis Budget Group.
Verra Mobility Corp. engages in the provision of smart mobility technology solutions. The company is headquartered in Mesa, Arizona and currently employs 1,888 full-time employees. The company went IPO on 2017-01-19. The firm operates through three segments, which include Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment offers toll and violation management solutions and title and registration services for commercial fleet customers, including Rental Car Companies (RACs) and Fleet Management Companies (FMCs) in North America. The company also provides tolling and violations processing services. The Government Solutions segment offers photo enforcement automated safety solutions and services to states, municipalities, counties, school districts, and law enforcement agencies of all sizes. The Parking Solutions segment provides parking software, transaction processing, and hardware solutions to universities, municipalities, commercial parking operators, and health care facilities.
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