M&A
confidence high
sentiment neutral
materiality 0.70
Rekor Systems acquires All Traffic Data Services; files audited 2022 financials showing $8.3M revenue
Rekor Systems, Inc.
- Acquisition closed Jan 2, 2024; Rekor acquired all LLC interests of ATD.
- ATD FY2022 net revenue $8.26M, net income $1.41M, with total assets $18.55M.
- ATD had $1.66M cash, $2.40M net receivables, and $10.6M in customer relationship intangibles.
- Pro forma combined financials filed for FY2022 and 9 months ended Sep 30, 2023.
- ATD provides traffic data collection and reporting to engineering firms and government clients.