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

  • Moscow planning improvements to city’s ITS system
    March 17, 2016
    Buoyed by the success of its recent ITS introductions, the authorities in Moscow are planning additions to the system as Eugene Gerden discovered. The government of Russia’s capital, Moscow, plans further improvement to the city’s transport systems, partly through the introduction of new ITS technologies and the modernisation of existing systems. At the beginning of 2015 the Moscow government completed the introduction of a new ITS infrastructure in the city, which, according to Moscow Mayor Sergei Sobyanin
    Read More
  • ATS appoints VP of service delivery
    January 13, 2017
    US-based American Traffic Solutions (ATS) has appointed Bobby Neil as senior vice president of service delivery, with responsibility for ATS's service delivery organisation, which oversees construction, field services, mobile speed, call centre and violations processing. Neil's background includes more than 20 years of program and project management experience for public and private technology companies. He joins ATS from IO, where he was most recently vice president of global services.
    Read More
  • TE Connectivity to acquire Measurement Specialties
    June 19, 2014
    Swiss connectivity specialist TE Connectivity is to acquire Measurement Specialties for a total transaction value of approximately US$1.7 billion (including assumption of net debt). Measurement Specialties offers a broad portfolio of sensor technologies including pressure, vibration, force, temperature, humidity, ultrasonics, position and fluid, for a wide range of applications and industries. The combination of TE's sensor business with Measurement Specialties' range of sensors and sensor systems es
    Read More
  • Manchester seeks smart but not selective transport solutions
    January 25, 2018
    Smarter transport relies on better communications both with travellers and between transport providers. Andrew Williams reports. Inrix’s prediction that the cost of traffic congestion will rise by 63% to £21bn per year by 2030 clearly illustrates that, in addition to the ongoing inconvenience and inefficiency, ongoing gridlock is a significant drain on the economy. It is against this backdrop that a Cisco-led consortium has launched CitySpire, a smart transport programme that uses location-based services a
    Read More

Highlighted Content