Trafi Enhances Mobility with Enghouse Systems Acquisition
Deal News | Jun 03, 2025 | CEE Legal Matters
Enghouse Systems Group, a software solutions provider, has acquired Trafi, a Lithuanian startup known for its sophisticated mobility platform. Trafi specializes in aiding urban navigation with real-time traffic data, optimized public transit routes, and integrated ticket services in various European cities. Widen served as Enghouse's legal adviser with partners and junior lawyers facilitating the deal. The acquisition aims to broaden Trafi's influence across Canada and the United States. Further details from Widen remain undisclosed.
Sectors
- Software Solutions
- Mobility Platforms
- Legal Advisory
Geography
- Lithuania – Trafi is a Lithuanian startup, thus relevant to Lithuania's tech startup scene.
- Canada – Enghouse Systems Group aims to expand Trafi's reach to Canada.
- United States – The acquisition includes the expansion of Trafi's services into the United States.
Industry
- Software Solutions – Enghouse Systems Group operates within the Software Solutions sector, as it provides innovative software products.
- Mobility Platforms – Trafi is involved in developing mobility platforms to improve urban transportation, which is the focus of its operations.
- Legal Advisory – Widen is involved as a legal advisor in the acquisition process, representing the Legal Advisory sector.
Financials
- Not disclosed – Financial terms of the acquisition deal between Enghouse Systems Group and Trafi have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Enghouse Systems Group | Bidding Company | Company | A software solutions provider acquiring Trafi to expand their operations in North America. |
| Trafi | Target company | Company | A Lithuanian startup developing a technology platform for urban mobility. |
| Widen | Legal Advisor | Company | Legal advisory firm representing Enghouse Systems Group in the acquisition deal. |