Skip to main content

Modaxo Welcomes CAMMAX

Written by Customer Service on . Posted in Mergers And Acquisitions.

TORONTO, Aug. 20, 2024 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced the acquisition of CAMMAX LIMITED (“CAMMAX”), a UK provider of self-service Ticket Vending Machines (TVMs), Parking Payment machines, and associated services.

CAMMAX brings a wealth of expertise and a proven track record in delivering innovative payment systems for public transportation and car parks. The company’s solution portfolio includes a wide range of TVMs for rail, tram, and bus journeys, as well as off-street parking payment systems for Pay on Exit, Pay on Entry, and Hybrid car parks.

“We are delighted to welcome CAMMAX and its employees and customers to the Modaxo family,” said Laurent Eskenazi, Head of EMEA, UK, and Asia at Modaxo. “CAMMAX’s impressive track record in simplifying travel and parking payments aligns with our vision of creating seamless mobility experiences for all.”

CAMMAX’s customizable hardware, user-friendly software, and comprehensive services have earned them a strong reputation among leading transportation and parking operators in the UK. Some of CAMMAX’s customers include West Midlands Combined Authority, Nottingham Trams Limited, Bristol City Council, East Midlands Rail, and Parking Eye.

“Joining the Modaxo family is an exciting milestone for CAMMAX,” said Julian Rooney, Managing Director, CAMMAX. “We share a common vision of transforming the transportation and parking experience through technology. Now with Modaxo we feel we can deliver even more value to our customers and drive the industry forward.”

CAMMAX maintains its unique brand identity and autonomy while benefiting from investment, support, coaching, best practices, and peer learning made available by Modaxo. Julian Rooney continues to lead the business along with the management team.

About CAMMAX
Cammax’s innovative payment systems serve some of the largest public transport authorities, parking operators and local Councils in the UK. Our products and services simplify the use of public transport and car parks, improving operator levels of customer service, while enabling end users to quickly and easily select and pay for their products. Learn more at cammaxlimited.co.uk.

About Modaxo
Modaxo is a global technology organization passionate about moving the world’s people. Working both together and independently, our collective of businesses are committed to delivering software and technology solutions that help connect people with the places they need to go for work, family, and everyday life. Learn more at Modaxo.com.

Contact Information:
Kim Emmerson, CMO
Modaxo
Tel: +1 416 473 6302
kim.emmerson@modaxo.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.