Intellectual Technology, Inc. (ITI) is the leading provider of software and self-service technologies for vehicle registrations, tags, titles and license plate issuances. Motor vehicle agencies use the company’s print-on-demand software to print and monitor approximately 55 million vehicle registrations and tags and 8 million license plates annually, and to enhance customer service via ITI’s 24-hour self-service kiosks. ITI is a portfolio company of Vicente Capital Partners.
Caltius Structured Capital provided junior capital for working capital and general corporate purposes, including to support ITI’s strategic acquisition of Solutions Thru Software (STS). STS provides state-of-the-art driver knowledge and road assessment testing systems for motor vehicle agencies.