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Quarterhill Inc.
Quarterhill Inc. builds intelligent transportation systems for governments across North America and Europe, processing $3B in toll revenue annually.
Quarterhill Inc.
Quarterhill Inc. is a Toronto-based company that provides intelligent transportation technology, formed through the unification of IRD and ETC under one brand. Its wealth origin is not publicly disclosed, and it operates as a public entity, not a family office. The company focuses on tolling, safety and enforcement, and logistics, serving government agencies, toll operators, and private sectors. Its systems process over 2 billion transactions and manage $3 billion in toll revenue annually. Quarterhill has announced contracts including a $5.2 million deal with an existing tolling customer and a $2.3 million initiative with Washington State DOT to improve truck parking safety on I-5 (per Quarterhill press releases, 2025). Its geographic footprint covers North America and Europe. Quarterhill employs a specialist team but does not disclose headcount. No philanthropic foundation or adjacent vehicles were identified. A recent operational event: October 2025, Quarterhill and Arkansas Department of Transportation partnered to modernize freight operations at state crossroads (per Quarterhill press release, October 2025). Quarterhill's structural differentiator is its focus on infrastructure technology for public agencies, generating recurring revenue from transaction and toll processing contracts. Its mandate is not to manage wealth but to develop and deploy transportation systems, making it distinct from a typical family office or asset manager.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
Toronto, ON, Canada
Principals
Matt Glover
Investor Relations Contact
Clay Liolios
Investor Relations Contact
Sector focus
Frequently asked questions
Who runs investment decisions at Quarterhill?
Quarterhill does not disclose a dedicated investment committee or CIO. Its public-facing IR contacts are Matt Glover and Clay Liolios. Operational decisions are managed by the executive team, which is not publicly named.
How does Quarterhill source proprietary deal flow?
Quarterhill generates revenue through government contracts and partnerships, such as the $5.2 million contract with an existing tolling customer. It does not operate as a traditional investment firm; its 'deal flow' consists of bids and RFPs from transportation agencies.
Is Quarterhill structured as a single family office or does it operate more like a technology firm?
Quarterhill is a publicly traded technology company, not a family office or asset manager. It develops and deploys intelligent transportation systems for government clients.
Does Quarterhill participate in fund commitments or only direct contracts?
Quarterhill does not make fund commitments. It focuses on direct contracts and partnerships with government agencies and private sector clients in the transportation industry.
What investment stages does Quarterhill typically target?
Quarterhill does not target investment stages. It provides technology solutions for tolling, safety, and logistics, with an emphasis on mature deployments for government infrastructure.
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