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

Related Content

  • Q-Free touts integration of acquired solutions at ITS America
    January 13, 2016
    Q-Free subsidiary Intelight announced today it has named Michael Wieck as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years.
    Read More
  • The red light camera choice: 60 killed or save US$231 million a year
    June 5, 2015
    David Crawford investigates new cost-benefit analysis of red light cameras. US states can now realistically calculate the economic benefits of using red light safety cameras, alone or in combination with other measures, to cut road traffic accident levels. The results could be of material value in making the case for the cameras as a number of state legislatures continue to debate their acceptability.
    Read More
  • Fleet management systems ‘will reach 12 million units in the Americas by 2018’
    October 3, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in North America was four million in Q4-2013. Growing at a compound annual growth rate (CAGR) of 15.3 per cent, this number is expected to reach 8.1 million by 2018. In Latin America, the number of active fleet management systems is expected to increase from 1.9 million in Q4-2013, growing at a CAGR of 16.1 per cent to reach 3.9 million in 2018. The top t
    Read More
  • AI bus camera tech stops overtaking
    September 1, 2022
    Conduent Transportation and Hayden AI partner to improve safety for schoolchildren
    Read More

Highlighted Content