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

  • Verra Mobility to buy Redflex for $113m
    January 22, 2021
    Deal is set to go through in May and will create 'enhanced global reach', says Verra
    Read More
  • Smoothing the path to reducing traffic pollution
    October 22, 2014
    David Crawford reviews a new approach to traffic smoothing. A key objective for the Californian city of Bakersfield’s upgraded traffic operations centre (TOC), which opened in June 2014, is to help improve living conditions in a region with one of the worst air quality problems in the US. The TOC is speeding up the smoothing of traffic flows by delivering faster and better-informed traffic signal retiming and synchronisation.
    Read More
  • Close shave for Brazilian project
    June 12, 2015
    Signing the order to equip a new control room just 45 days before the city hosts a major sporting event is challenging - but some deadlines just cannot be moved. There is nothing like a deadline to concentrate minds and effort as Mitsubishi and the Brazilian city of Belo Horizonte discovered in the run-up to the 2014 World Cup. Although municipal authorities had been considering a new command centre for years, it was the hosting of the World Cup last summer that provided the final impetus.
    Read More
  • Rapid growth makes Texas an incubator for tolling innovation
    September 8, 2014
    As the IBTTA’s annual meeting and exhibition heads for Austin, Mitchell Beer, president of Smarter Shift, considers the role of Texas in the development of tolling strategies and technology. The State of Texas has always prided itself on being ‘larger than life’. From the sprawling geography of the state itself with its wide open skies, to its entrepreneurial ‘get-it-done’ attitude, Texas exudes an impatient restlessness that pushes businesses and public agencies to deliver faster, better results. More ofte
    Read More

Highlighted Content