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

  • Fontinalis Partners and Econolite Group to Sponsor Investor Matching Event at 2014 ITS World Congress
    March 21, 2014
    Fontinalis Partners and Econolite Group are to be sponsoring investors for Intelligent Transportation Society of America’s (ITS America) inaugural Transportation for Tomorrow Investor Matching Event at this year’s World Congress on Intelligent Transport Systems, 7-11 September in Detroit, Michigan. The Investor Matching Event will bring together premier financial and strategic investment groups with young and dynamic companies, whose entrepreneurs have cutting-edge technologies and ideas in the fields
    Read More
  • Alliance stages North American back office interoperability trial
    December 4, 2013
    JJ Eden, President and CEO of the Alliance for Toll Interoperability, talks to Jason Barnes about the new inter-agency hub, which will facilitate national transactions When it comes to achieving interoperability, the sheer diversity of technologies in operation in the US is perhaps the tolling industry’s greatest defining characteristic and its biggest challenge. The situation is in stark contrast with some other regions of the world, such as Europe where the use of common front-end Dedicated Short-Range
    Read More
  • Tolling agencies build resilience into highway operations
    August 6, 2013
    IBTTA executive director and CEO Patrick D. Jones looks at tolling’s resilience in an increasingly unpredictable and cash-strapped world. Turbulent times call for transportation agencies to move smarter. That’s why resilience and preparedness have become watchwords in every aspect of tollway operations. From having the financial resources to invest in construction, maintenance and roadway operations, to having up-to-date emergency plans and social media strategies to cope with severe weather, tolling agenci
    Read More
  • US favours express buses are for intercity travel
    November 26, 2013
    David Crawford records an upsurge in ground travel. Express buses are powering ahead of air and rail as the US’ most-favoured form of intercity travel and major operators are investing in passenger-attracting and retaining technologies. At the same time ‘kayak’-style price comparison websites are emerging to widen rider choice. Modelled on airline industry search engines that find cheap flight deals by comparing carriers’ offers, these new websites aim to fill the same gap for a ground-travel equivalent
    Read More

Highlighted Content