Patrick Ennis, UBS Investment Bank, Research Division:
Okay. Great. Good afternoon, everyone. I’m Pat Ennis, and I’m on the Payments Processors and Fintech team. I’m happy to have Verra Mobility joining us today at the UBS Tech and AI Conference. On stage with me, we have David Roberts, President and CEO, and Craig Conti, CFO. Thanks for being here, guys.
Patrick Ennis, UBS Investment Bank, Research Division:
To start, for those who may not be familiar with the Verra Mobility story, I think it would be helpful for David to provide an overview of the different segments of the business, the high-level secular trends in the verticals the company operates in, and the competitive landscape.
David Roberts, President, CEO & Director:
Sure. Great to be here. Craig and I both live about 15 minutes from here, so it’s nice to have a short commute to work and to today’s conference.
Verra Mobility is a global leader in smart transportation, operating across three distinct customer segments.
The first segment is Government Solutions, where we are the number one provider of automated enforcement technology in North America. This includes red light cameras, speed cameras, school bus stop-arm cameras, bus lane cameras, and a few other specialized use cases.
This business primarily operates in the United States, where we hold approximately a 70% market share. In addition, we also have operations in Australia, New Zealand, and Europe.
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