Overview of Transaction

• On January 7, 2019, VaaS International Holdings, Inc. announced it has been acquired by Motorola Solutions (NYSE:MSI) for $445 million in a combination of cash and equity
• Based in Fort Worth, TX and Livermore, CA, VaaS – a “video analysis as a service” company – is the preeminent provider of license plate recognition products and data analytics solutions to numerous financial services companies including auto lenders and insurance providers as well as public safety agencies
• VaaS’ image capture and analysis platform includes fixed and mobile license plate reader cameras driven by machine learning and AI
• Motorola Solutions provides communication infrastructure, devices, accessories, software, and services

Significance of Transaction

• VaaS will enhance Motorola Solutions’ software portfolio with vehicle location information that can help first responders shorten response times, improve the speed and accuracy of investigations, and create safer cities
• Additionally, VaaS’s extensive relationship with law enforcement agencies will strengthen Motorola’s position in the public sector

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to VaaS
• This transaction highlights FT Partners’ versatility and expertise across the FinTech universe and represents a highly successful outcome for VaaS and its shareholders