Chris T
AD Ports Group’s Maqta Gateway Acquires TTEK ...

Abu Dhabi, UAE – 24 April 2023: Maqta Gateway, AD Ports Group’s (ADX: ADPORTS) digital arm, today announced the acquisition of TTEK Inc, a developer of border control solutions and customs systems, to reinforce its market position as a leading digital trade and holistic Single Window solution provider.

The total purchase consideration for the acquisition (Enterprise Value) of 100% ownership amounts to USD26.7 million with an upfront payment of USD17.1 million. The acquisition will extend Maqta Gateway’s existing digital trade solutions portfolio by incorporating border optimisation management solutions, which utilise disruptive technologies such as artificial intelligence, machine learning and advanced risk analytics.

AD Ports Group’s Maqta Gateway Acquires TTEK Inc.

electronic single window

TTEK Appoints Scott Murray as Chief Operating Officer / Chief Financial Officer

TTEK Appoints Scott Murray as Chief Operating Officer / Chief Financial Officer

Senior business leader with diverse corporate experience hired in new role to further drive company innovation and expansion…..

TTEK Awarded 2MM USD Contract to Implement the Risk Management System for the Single Electronic Window in Trinidad and Tobago

TTEK Awarded 2MM USD Contract to Implement the Risk Management System for the Single Electronic Window in Trinidad and Tobago

TTEK formally awarded a 2 Million (USD) contract to develop and implement an integrated Risk Management System for the Single Electronic Window in Trinidad and Tobago…

TTEK contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

TTEK contributing to the InterAmerican Development Bank's Workshop on Trade Facilitation and Customs Modernization

We were in Washington DC May 24th to attend this important IDB workshop. The plan was to exchange and share knowledge on regional and extra-regional experiences, successes, and challenges facing border integration operations.  

There was a healthy discussion to identify dimensions and context that can contribute towards an overall program for the development and implementation of integrated border operations, trade facilitation, and customs Modernization.  TTEK makes a nice fit.  We're very happy to be taking part and adding value.