Gordons advises ticket vending provider Cammax on acquisition by Modaxo

Gordons has advised the shareholders of Cammax, a UK provider of self-service Ticket Vending Machines (TVMs), Parking Payment machines, and associated services on its acquisition by Modaxo, a global technology organisation focused on moving the world’s people.

Partner and head of corporate, James Fawcett, supported by corporate lawyer Lisa Murphy, employment lawyer Oliver Allanach and commercial lawyer Danielle Johnson, advised Cammax on the deal.

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 customisable 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.

“The support from James and the Gordons team was invaluable in getting this transaction over the line.”

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.

You can learn more about the work of Gordons’ corporate and M&A expertise here.