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

  • Peer-to-Peer carsharing in Europe projected to grow significantly
    August 24, 2012
    According to Frost & Sullivan, by 2020 more than 200 traditional carsharing organisations (CSOs) and another 24 Peer-to-Peer (P2P) CSOs are expected to take the European market for carsharing to new heights. More than 14 million new members are expected to use carsharing services in Europe by the same year, while three new sub-segments will emerge in the market: electric vehicle carsharing, corporate carsharing and one-way carsharing. While the new segments arise in particular due to continued urbanisation
    Read More
  • AVT acquires VDS Vosskühler
    January 26, 2012
    Allied Vision Technologies (AVT) has acquired 100% of the shares of the specialist infrared camera producer VDS Vosskühler, based in Osnabrück, Germany.
    Read More
  • How on-board video systems can increase vehicle & road safety
    January 7, 2022
    Hikvision examines technology which can avert danger in cars, school buses, taxis and trucks
    Read More
  • Activu and Mitsubishi give New Jersey controllers the big picture
    May 27, 2014
    Mitsubishi and Activu team up to help New Jersey emergency centre with real-time situational awareness. Sandy was the largest Atlantic hurricane in recorded history, with winds spanning an area of 1,100 miles and damages estimated at $68 billion. It killed at least 286 people in seven countries, from Jamaica to the Jersey Shore. But tropical storms are not the only challenge for emergency operations up and down the East Coast.
    Read More

Highlighted Content