Cammax acquired by Modaxo Inc

Cammax, based near Wakefield in West Yorkshire, has established itself as a leading supplier of integrated TVM and Ticketing solutions, particularly in the travel and public transportation sector, having pioneered solutions like the Smart Rail TVM. This cutting-edge innovation transforms traditional, static machines into dynamic, customer-centric platforms that enable users to plan their entire journey directly from the kiosk. Passengers can select seat preferences, purchase tickets for immediate or future travel, and access a full range of fares and options previously available only online. This groundbreaking capability ensures that passengers find the best deals regardless of how they choose to purchase their tickets, significantly enhancing the user experience and setting a new standard in self-service ticketing technology.

Cammax’s innovative payment systems and associated software serve some of the UK’s largest public transport authorities, parking operators and local Councils. Its products and services simplify the use of public transport and car parks, improving operator levels of customer service while enabling end users to quickly and easily select and pay for their products.

In the parking sector, Cammax has developed next-generation parking systems that include customizable payment machines, robust software applications, and seamless third-party integrations. Their solutions empower operators to transform their parking operations and achieve strategic financial objectives. Cammax’s versatile parking payment machines support all payment types, are secure and reliable, and prioritize the customer experience. Designed to suit all weather conditions and various car park setups, these machines are complemented by a suite of parking software applications, including Pay on Exit, Pay on Entry, Pay and Display, and VRM Allow List systems. These offerings continuously evolve with customer needs, providing seamless solutions for validating parking and generating new revenue streams.

Cammax has now been acquired by Modaxo, a global technology organisation focused on delivering software and technology solutions that help connect people with the places they need to go for work and everyday life. Modaxo is part of the Constellation Software Group, which is listed on the Toronto Stock Exchange and has a market cap of c.£50 billion.

“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 the business 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 of Cammax. “Together, we share a common vision of transforming the transportation and parking experience through innovative technology. With Modaxo’s resources and support, we are poised to deliver even greater value to our customers and drive the industry forward.”

As part of Modaxo, Cammax will maintain its unique brand identity and operational autonomy while benefiting from increased investment, strategic support, and collaborative best practices. Julian Rooney will continue to lead the business alongside the existing management team.

Cammax and its shareholders were advised by the Yorkshire & North East Corporate Finance team, which comprised Roger Esler, Paul Herriott, Mike Barker, and Harry Martin. Legal advice was provided by Gordons LLP.

Roger Esler, Corporate Finance Partner at DSW, commented: “We have worked with Cammax over several years and witnessed its evolution as a fantastic, Yorkshire-based, technology-led and entrepreneurially managed growing business. This strategic sale to a global technology group will form a superb platform for further growth and development”.