Mark IV gone Brit

Mark IV Industries, the world’s largest supplier of electronic toll equipment ceased to be a listed US company Sept 15. It is now a fully owned asset of BC Partners, a European investment fund manager based in London with a capitalization of $2.8b. The IVHS Division which makes the toll equipment and variable message signs has a slightly higher profile within the company with its president David Oliver having been appointed a director of the board of the holding company.