About Hiway
Hiway is a company based in Bayswater North, Australia founded in 1986 was acquired by Direct Capital in February 2024. It operates as a Professional Services and Circular Economy. Hiway offers products and services including Carbon Neutral Pavement Solutions, Infrastructure Recycling, and Stabilisation & Construction.
- Headquarter Bayswater North, Australia
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website hiway.au
- Social LinkedIn
- Acquired by Direct Capital (Feb 2024)
- InvestorsDirect Capital
& 2 more
- Acquired by
Products & Services of Hiway
Hiway offers a comprehensive portfolio of products and services, including Carbon Neutral Pavement Solutions, Infrastructure Recycling, and Stabilisation & Construction.
Sustainable pavement solutions are provided for carbon neutrality.
Recycling services are offered for infrastructure material reuse.
Stabilisation services are delivered for durable road construction.
Funding Insights of Hiway
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Hiway with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | – | Debt – Conventional | – | – |
3 investors in total: 3 institutional.
Investors in Hiway
Hiway has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Direct Capital, Bank of New Zealand and The Riverside Company.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt are provided to middle market companies. | – | riversidecompany.com | Cleveland, United States | |
Operates as a commercial bank, offering deposits, loans, and payment services to customers. | 1861 | bnz.co.nz | Auckland, New Zealand | |
Equipment and working capital financing is extended to small businesses. | 1993 | directcapital.com | Portsmouth, United States |
Investor details for Hiway
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Hiway
5 people are tracked at Hiway (2 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Mark Large | General Manager | Leadership |
Peter Metcalfe | Chief Executive Officer | Leadership |
Jason Fletcher | Supervisor | Team |
Daniel Bayne | Business Manager - WA Profiling And WA Stabilising | Team |
Saj Karsan | Project Manager | Team |
Complete people profiles for Hiway
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Hiway
4 dated milestones of Hiway across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Hiway is founded.
- Funding First funding round.
- Exit Acquired by Riverside.
- Exit Acquired by Direct Capital.
Similar companies to Hiway
10 companies that operate in the same segment as Hiway (Road Infrastructure Operators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Toll services and management are operated by Verra Mobility. | 1987 | Mesa, Arizona, United States | – | USD 979.08 M | 1,880 | |
Engineering and management consulting services are provided globally. | 1961 | San Diego, California, United States | – | – | – | |
Building and public works services are provided for infrastructure sectors. | 2002 | Tarascon, Provence-alpes-cote D'azur, France | USD 141.27 M | – | – | |
EPC services for power utilities and petroleum industries | 1969 | Mumbai, Maharashtra, India | – | USD 1.97 B | 3,691 | |
Provider of comprehensive network of motorways, services, and technology solutions for travelers, with a focus on promoting sustainable mobility an... | 1956 | Saint-martin-de-crau, Bouches-du-rhone, France | – | USD 8.39 M | – | |
Construction and management of toll highways are provided in Italy. | 1950 | Rome, Lazio, Italy | – | USD 424.98 K | – | |
Engineering, surveying, and environmental services are provided across multiple sectors. | 1976 | Portland, Oregon, United States | USD 409.1 M | – | 1,098 | |
Infrastructure design, construction, and maintenance services are offered across sectors. | 2008 | Vantaa, Finland | – | – | – | |
Provider of planning, financing, construction, operation and toll collection on highways and expressways | 1982 | Vienna, Austria | – | – | – | |
Roadside assistance, automotive services, and driver education are provided. | 1906 | Croatia | – | – | – |
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Frequently Asked Questions about Hiway
Hiway was founded in 1986 and raised its 1st funding round 32 years after it was founded.
Hiway is established as a leading carbon neutral pavement specialist operating across Australia and New Zealand. The company is focused on sustainable road solutions through in-situ and ex-situ recycling and reuse techniques. With nearly 40 years of expertise, innovative approaches are applied to reduce carbon emissions, costs, and project timelines in the construction and rehabilitation of roads, railways, and runways. Solutions are designed for resilience, ensuring longer-lasting performance while prioritizing environmental sustainability. Hiway is committed to serving society by safeguarding the environment through cost-effective and efficient infrastructure projects.
Hiway offers Carbon Neutral Pavement Solutions, Infrastructure Recycling, and Stabilisation & Construction.
Hiway has 3 investors. Key investors include Direct Capital, Bank of New Zealand, and The Riverside Company.
Yes. Hiway was acquired by Direct Capital in February 2024.