Financial Technology Partners - The Only Investment Bank Focused Exclusively on Financial Technology


FT Partners Advises VaaS on its $445,000,000 Sale to Motorola Solutions

Overview of Transaction

  • On January 7, 2019, VaaS International Holdings, Inc. announced it has been acquired by Motorola Solutions (NYSE:MSI) for $445 million in a combination of cash and equity
  • Based in Fort Worth, TX and Livermore, CA, VaaS – a “video analysis as a service” company – is the preeminent provider of license plate recognition products and data analytics solutions to numerous financial services companies including auto lenders and insurance providers as well as public safety agencies
  • VaaS’ image capture and analysis platform includes fixed and mobile license plate reader cameras driven by machine learning and AI
  • Motorola Solutions provides communication infrastructure, devices, accessories, software, and services

Significance of Transaction

  • VaaS will enhance Motorola Solutions’ software portfolio with vehicle location information that can help first responders shorten response times, improve the speed and accuracy of investigations, and create safer cities
  • Additionally, VaaS’s extensive relationship with law enforcement agencies will strengthen Motorola’s position in the public sector

FT Partners' Role

  • FT Partners served as exclusive strategic and financial advisor to VaaS
  • This transaction highlights FT Partners’ versatility and expertise across the FinTech universe and represents a highly successful outcome for VaaS and its shareholders