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

  • Enforcement suppliers highlight industry best practice
    March 15, 2012
    Major suppliers of enforcement technology highlight the countries, regions or cities that they consider to be leading the way in reduction of road traffic violations. The French government’s ambitious programme of enforcing traffic law violations has proven to be an unrivalled success and is continuing to bring improvements in road safety with innovative enforcement technology.
    Read More
  • Public school implements school bus safety system
    August 1, 2013
    In an effort to improve student safety at school bus stops, Gwinnett County Public Schools (GCPS) in Georgia, US, is introducing an automated stop-arm enforcement program utilising a safety camera system that monitors and detects drivers who illegally pass school buses, endangering the lives of children as they enter and exit the bus. Developed by Redflex, the Student Guardian safety camera system consists of a single enclosure installed approximately six feet behind the stop-arm, monitoring traffic in both
    Read More
  • Verizon to acquire Hughes Telematics
    June 5, 2012
    Verizon Communications and Hughes Telematics have announced a definitive merger agreement under which Verizon will acquire Hughes Telematics for a total of US$612 million. Verizon says the transaction will expand its capabilities in the automotive and fleet telematics marketplace and accelerate growth in key vertical segments. Hughes offers a portfolio of services through its commercial fleet, aftermarket and original equipment manufacturer (OEM) offerings as well products and services for health providers
    Read More
  • A fresh approach to electronic fee collection
    July 16, 2012
    The Utah Transit Authority (UTA) is pioneering fresh approaches to Electronic Fee Collection (EFC) deployment in the US. Its new system, operational since January 2009 on all buses and commuter trains, is the country's first full-network rollout of transit e-ticketing technology built on an open-payment network, according to the organisation's Technology Programme Development Manager Craig Roberts.
    Read More

Highlighted Content