# Modaxo Acquires Brazil's Fiscaltech, Adding 4,000 Lanes and 250 Employees

> Modaxo has acquired Fiscaltech, a Brazilian intelligent mobility provider managing over 4,000 lanes across 25 states.

- Published: 2026-11-03T13:32:47+00:00
- Section: Mergers & Acquisitions
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-03/modaxo-acquires-fiscaltech-brazil
- Source: [PR Newswire](https://www.prnewswire.com/news-releases/modaxo-welcomes-fiscaltech-302927833.html)

## Key takeaways

- Modaxo acquired Fiscaltech, a Brazil-based provider of intelligent mobility systems for traffic control, tolling and weigh-in-motion.
- Fiscaltech's systems manage over 4,000 lanes of traffic across 25 Brazilian states.
- More than 250 Fiscaltech employees will join Modaxo, and Fernando Varella continues as Fiscaltech CEO.

[Modaxo](https://akta.pro/company-profiles/0005ygw/modaxo) has acquired [Fiscaltech](https://akta.pro/company-profiles/002vuvk/fiscaltech), a Brazil-based provider of intelligent mobility systems for traffic control and monitoring, tolling, and weigh-in-motion, the company announced on November 3, 2026. [PR Newswire](https://www.prnewswire.com/news-releases/modaxo-welcomes-fiscaltech-302927833.html) published the announcement. Modaxo is a global technology organization focused on moving the world's people. Fiscaltech is a Brazilian technology company specialized in intelligent transportation systems, road safety and infrastructure management for cities and highways.

## Modaxo's Acquisition of Fiscaltech

Fiscaltech has been at the forefront of intelligent transportation systems in Brazil for 30 years. Its suite includes Fiscal Control for traffic management, Fiscal Free Flow 100% for automatic toll collection, and HSWIM Fiscal for precision weigh-in-motion. Fiscaltech's systems help manage over 4,000 lanes of traffic across 25 Brazilian states, enabling public agencies and private companies to build safer, more connected, and more sustainable roads.

Rod Jones, Modaxo's Head of Americas, Australia, and New Zealand, said, "Fiscaltech is a market leader, with an impressive portfolio of certified, cutting-edge solutions built over three decades." He added that the acquisition broadens Modaxo's offer in traffic management and gives it a strong platform to grow its reach across Brazil and South America.

Fiscaltech will continue to operate under its own brand, led by Fernando Varella as CEO. More than 250 employees will join Modaxo as part of the transaction. Varella said, "Joining Modaxo is an exciting new chapter for Fiscaltech." He cited Modaxo's commitment to long-term investment in the businesses it acquires.

## Modaxo's Deal History and Scale

According to akta.pro [company records](https://akta.pro/company-data), Modaxo is a Constellation Software division that acquires and permanently holds vertical market software companies serving global people transportation. The same records show Modaxo operates 33 autonomous brands managing all modes of transport, with a global customer base of more than 3,500 transportation operators and active operations in 35 countries. Modaxo was founded in 2020 and is headquartered in Mississauga, Canada.

## Earlier Modaxo Acquisitions

In May 2026, Modaxo entered a definitive agreement to acquire Conduent's Public Transit Business, covering transit fare management and fleet management, for $164 million, according to akta.pro company records. [Stock Titan](https://akta.pro/news-signals) reported that Conduent completed the sale to Modaxo on October 1, 2026, for a base purchase price of $164 million, subject to adjustments; the deal was announced May 21, 2026. In March 2026, Modaxo acquired ADB SAFEGATE's Terminal Systems Business and launched Aerivo, a new brand providing Airport Terminal Systems, the same records show.

## Companies in this story

- [Modaxo company profile](https://akta.pro/company-profiles/0005ygw/modaxo) · website: https://www.modaxo.com
- [Fiscaltech company profile](https://akta.pro/company-profiles/002vuvk/fiscaltech) · website: https://fiscaltech.com.br

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