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NEW YORK, Feb. 3, 2021 /PRNewswire/ --
BBH Capital Partners (BBHCP) announced today that it has completed a minority equity investment in Clever Devices Ltd. (Clever Devices) in partnership with the existing management team and shareholder group. The existing management structure of Clever Devices will remain in place and BBHCP's Brad Langer and Rusty Lewis have joined the company's board of directors.
(PRNewsfoto/Brown Brothers Harriman)
Founded in 1988, Clever Devices is a North American market leader in the design and development of Intelligent Transportation Solutions (ITS) for various modes of public transportation, including bus, rail, and paratransit. Headquartered in Woodbury, NY, the company also has offices in Canada, Brazil, and Italy. Clever Devices' mission critical technology solutions optimize the operations and management of transit fleets, enhance safety and security, and improve rider experiences through real time passenger information.