The chief of fare-system supplier Ridango says the vendor doesn’t plan “any shift in the company’s strategic direction” now that it has a new majority owner. But he added that the company will be “more active in mergers and acquisitions.”
Ridango founder and CEO Erki Lipre was responding to questions from Mobility Payments about UK-based private equity investor Bregal Milestone becoming the majority shareholder of Ridango, buying out