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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.

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TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2017

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TTEK named as one of CIO Review Magazine's 20 Most Promising Enterprise Risk Management Solution Providers - 2017

We are pleased to be recognized as one of CIO Review Magazine's 20 Most Promising Risk Management Providers 2017.  Click here to go directly to the article.

EXCERPT:  Enterprise Risk Management is taking the center stage in how companies run their business. Advancements in cognitive technologies, artificial intelligence and data analytics are helping organizations go beyond traditional ways of managing risks by using smart machines to detect, predict and prevent risks. Today, since the entire nature of the risk discipline and their consequences are evolving, organizations should look beyond regulation and cost-reduction and view risk management as a strategic element of their value chain.  Please read on or download a PDF copy of the CIO Review article, or read the full magazine online here.

TTEK Continues to Build Capacity With Haiti Customs

TTEK Continues to Build Capacity With Haiti Customs

TTEK is back in Haiti to provide risk management expertise for Customs.  Following the development and preparation of content for the Targeting and Selectivity of high risk goods and passengers, TTEK is assisting USAID efforts with Nathan Associates to build capacity for border management using the principles of risk management.