$107,000,000 | Global Traffic Technologies (logo), a subsidiary of Vontier (logo), Has Been Acquired by Miovision (logo) | April 2023

William Blair acted as the exclusive financial advisor to Vontier Corporation (Vontier) on the sale of its subsidiary, Global Traffic Technologies, LLC (GTT), to Miovision. The transaction closed on April 14, 2023.

About the Companies

Based in St. Paul, Minnesota with remote workers across the United States, GTT is a leading provider of Emergency Vehicle Preemption and Transit Signal Priority technology systems and solutions, and emerging Connected Vehicle technology. GTT’s systems manage over 90,000 vehicles and 90,000 intersections.

Vontier is the leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem.

Miovision develops and maintains an intelligent traffic data collection and management platform designed to reduce traffic congestion and vehicle emissions while improving public safety for drivers, cyclists, and pedestrians. Miovision’s systems have detected over 30 billion vehicles and 1.5 billion pedestrians across more than 60 countries. Miovision was founded in 2005 and is based in Kitchener, Canada.

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