[Editor: This is the text of a news release from Highway Toll Administration LLC.]
Highway Toll Administration announces acquisition of Violation Management Services
Violation services for fleets and rental car companies complement HTA’s toll services
Roslyn, N.Y., Oct. 11, 2016 — HTA Holdings, Inc., owner of Highway Toll Administration LLC (HTA), the largest provider of toll management services for the rental car industry, announces it has acquired Violation Management Services (VMS), a Montana‐based company that provides violation resolution services for fleets and the rental car industry.
HTA is the industry leader in providing highly technical and unique turnkey solutions for rental car companies. The addition of VMS’ services, which address such non‐toll violations as speeding, parking, and other traffic infractions, complements HTA’s toll-related offerings to provide a comprehensive product suite for fleet owners and rental car companies. The acquisition was finalized in May and is being announced now that integration of the two companies is complete, including the renaming of the acquired company to Violation Management Solutions.
“We are thrilled to be able to add VMS’s 26+ years of experience and unique skill sets to the HTA family,” says HTA Founder and CEO, David Centner. “I have known Dennis Round and the VMS team for many years, and their solutions and customer-centric culture are a perfect fit for HTA as we continue to expand and diversify the solutions we provide to our customers.”
“I am excited to see VMS move to the next stage of its evolution and growth,” says VMS Founder and President, Dennis Round. “The resources that HTA brings to our business will enable the newly combined company to efficiently accelerate the development of new solutions surrounding tolling services and traffic violations. I am excited to be part of this growth and look forward to playing a key role in expanding our business going forward.”
“I am delighted to have Dennis and the entire VMS group as part of the HTA team,” added Centner. “Their experience and credibility are tremendous assets. We are really looking forward to aggressively bringing to market innovative and disruptive solutions for our current and future clients.”
Both Violation Management Solutions and Highway Toll Administration are wholly owned subsidiaries of HTA Holdings, Inc.
About Highway Toll Administration LLC: HTA is the first and largest provider of toll services for the rental car industry. Since commencing operations in 2002, HTA has processed hundreds of millions of electronic toll collection transactions with data from both transponder‐based and license‐plate‐based video tolling. Through cutting‐edge technology and proprietary services, HTA handles the tolling activity of more than 3.7 million vehicles and offers the most comprehensive solutions in the industry. Its principal offices are in Roslyn, New York. To learn more, go to www.htallc.com.
About Violation Management Solutions: VMS brings over 26 years of experience and expertise in the processing and administration of parking tickets and other traffic violations, processing over 3 million citations from more than 4,000 issuing authorities. VMS has assisted individual renters and companies alike in reducing the inconvenience and financial liability stemming from those violations. Utilizing proprietary processing software (VTS) and intellectual property, VMS offers the most comprehensive system available. To learn more, go to www.violationmanagement.com.
Sharad Suri, email@example.com
Highway Toll Administration LLC