Private equity firm to acquire American Traffic Solutions

Investment firm Platinum Equity is to acquire Arizona-based American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed. ATS provides road safety cameras and toll and violations management solutions throughout North America. The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people. ATS’s Fleet Services business provides both toll and violation management solutions to fleets and rental customers. Accordin
April 19, 2017 Read time: 1 min
Investment firm Platinum Equity is to acquire Arizona-based 17 American Traffic Solutions (ATS). Financial terms of the transaction were not disclosed.


ATS provides road safety cameras and toll and violations management solutions throughout North America. The company has more than 3,500 installed school bus stop arm, red-light and speed safety cameras serving more than 30 million people. ATS’s Fleet Services business provides both toll and violation management solutions to fleets and rental customers.

According to Jacob Kotzubei, the partner at Platinum Equity whose team led the acquisition, he expects the company to benefit from Platinum Equity’s financial and operational resources, enabling continued investment in technology and new products.

ATS president and COO David Roberts said the move will benefit ATS’s long-term strategic plans and the transition to new ownership will position ATS for growth well into the future.

Enforcement

For more information on companies in this article

Related Content

  • Avoiding the call of the wild
    June 29, 2018
    Hitting an animal on a rural road can be fatal for all parties involved – but detecting and avoiding them requires clever technology. Andrew Williams carefully scans the horizon for details. Wildlife-vehicle collisions are an ever-present threat in rural areas around the world, and there is certainly nothing funny about suddenly finding an angry moose in your headlights on a sharp bend. A variety of detection and avoidance systems are currently in use or under development to help prevent your vehicle being
    Read More
  • High-res traffic data provides planners with the big picture
    November 5, 2015
    Road authorities have a lot to gain from high-resolution traffic data, argues Pravin Varaiya. Traffic engineers have traditionally been forced to operate with limited data regarding the performance of their arterials. Traffic studies are often commissioned once every three years, over a few days, to get an updated estimate of utilization.
    Read More
  • Changing roles in data collection for traffic management
    January 23, 2012
    Transport for Greater Manchester's David Hytch discusses the evolving roles of the public and private sector in managing and disseminating data. Data services for traffic management were once the sole preserve of public sector organisations, they being uniquely placed and equipped for the work involved. Now, though, this is changing. There is even a presumption in some countries that the private sector will take a greater, if not actually a lead, role in the provision of information for transport management
    Read More
  • Land of ITS opportunities
    February 2, 2012
    Geographically, Russia, the largest country in the world, is vast. So too are the opportunities for the global ITS community, which is why ITS Russia has been actively promoting the country and the opportunities that abound there. ITS Russia is reaching out around the world. In October, at the 17th ITS World Congress in Busan, South Korea, a cooperative agreement was signed with ITS America to promote and strengthen research, educational, and commercial cooperation in the ITS field among the two association
    Read More

Highlighted Content