Acuity advises Veovo on its acquisition of Dubai Technology Partners

Gentrack Group Limited (“Gentrack”) has entered into a binding agreement to acquire Dubai Technology Partners (“DTP”), a premier airport technology and services provider based in Dubai, in the United Arab Emirates.

The acquisition will be integrated into Gentrack’s airports division, Veovo, significantly expanding its footprint in the Middle East.

The acquisition of DTP is a key milestone in Gentrack’s global growth strategy, delivering two primary strategic benefits:

1) Regional Scale and Momentum: DTP brings c.60 highly skilled professionals with deep domain expertise in airport operations and flagship Middle Eastern customers including Dubai, Abu Dhabi and Saudi Arabian airports. This enhances Veovo’s global and regional ability to scale and meet the demands of the industry’s digital transformation.

2) Enhancing Veovo’s AI-Centric Portfolio: DTP’s innovative technologies will be integrated as high-value “bolt-ons” to Veovo’s AI-enabled portfolio. These additions, including their AirportView App, tNexus Message Hub and AI-enabled operations system capabilities, provide immediate opportunities to bring new, intelligent automation to Veovo’s global network of 150+ airports.

James Williamson, CEO of Veovo said:

“This was a complex process spanning multiple regions and time zones. The Acuity team provided outstanding support throughout and their guidance was invaluable at every step. We truly appreciated their exceptional dedication in delivering a successful outcome.”

Richard Baker, Managing Partner at Acuity said:

“We are delighted to have supported Veovo on its acquisition of DTP, a transaction that strengthens its strategic growth ambitions. It has been a pleasure working with both teams throughout the process and we wish them every success in this next chapter together.”