VERRA MOBILITY Corp

VERRA MOBILITY Corp is a leading provider of smart mobility technology solutions, principally operating throughout the United States, Australia, Europe, and Canada. The company offers integrated, data-driven solutions including toll and violations management, title and registration services, automated safety and traffic enforcement, and commercial parking management. These solutions address transportation challenges for customers globally, including commercial fleet owners such as rental car companies (RACs), direct commercial fleet owner-operators (Direct Fleets), and fleet management companies (FMCs), as well as governments, universities, parking operators, healthcare facilities, transportation hubs, and other violation-issuing authorities. The company's solutions are offered through three segments: Commercial Services, Government Solutions, and Parking Solutions. The Commercial Services segment generated approximately $435.8 million in revenue for 2025, representing approximately 45% of total revenue. This segment provides automated toll and violations management and title and registration solutions to RACs, Direct Fleets, FMCs, and other large fleet owners, primarily in North America. Its toll and violations management solutions facilitate timely payment of tolls and violations, accurate transfer of liability, and billing and collections from individual drivers. VERRA MOBILITY also manages regional toll transponder installation and vehicle association. The company maintains long-standing relationships with the three largest RACs in the United States (Avis Budget Group, Enterprise Mobility, and The Hertz Corporation), key European RACs, and leading FMCs in the United States. Through relationships with over 50 individual tolling authorities across the United States, it provides an automated and outsourced administrative solution. Toll management solutions accounted for approximately 39% of total revenues in 2025.