US-based investor joins IVU Traffic Technologies AG

Berlin, 13 December 2024 | Mission Trail Capital Management, LLC (MTCM), a software investor based in Austin, Texas, has acquired the share package from Daimler Buses and now holds a total of around 8% of all IVU shares. The purchase was made off-market and it was agreed not to disclose the details of the transaction.

“IVU is a leading software provider to rail and bus operators all over the world. Our numerous discussions with IVU’s customers, ecosystem participants, and employees showed the value IVU’s solutions deliver, enhancing efficiency, effectiveness, and accessibility to public transport for all stakeholders," says Joshua Braden, founder of MTCM. "We are pleased to increase our investment in IVU and deepen the partnership with fellow shareholders, the management board, and the talented IVU workforce.”

“Serving our public transportation customers with cutting edge planning and optimisation tools is our number one priority. We are pleased to continue serving joint customers and win new opportunities with Daimler Buses through a long-term framework agreement. This work continues regardless of Daimler Buses’s capital investment," says Martin Müller-Elschner, CEO of IVU Traffic Technologies AG. "I have found the exchange with Mission Trail very positive and enriching from the start, and I am pleased to have them as an aligned, long-term, fellow shareholder.”