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

  • Transportation infrastructure technology continues its advance
    July 17, 2012
    It is now 20 years since publication of the Strategic Plan for Intelligent Vehicle Highway Systems. A select group of luminary figures of the ITS industry give their assessment of progress to date This year the IVHS Strategic Plan turns 20, signaling the graduation of the field of Intelligent Transportation Systems from its tumultuous teens to young adulthood. After two decades tethered by the cords of youth and protected by the strict control of adult institutions, ITS has reached a turning point. Its y
    Read More
  • NFC adoption still years away as mPOS surges ahead, says Spire
    November 4, 2014
    Near Field Communication (NFC) has failed to live up to its promise and widespread adoption is still years away, says Spire Payments.
    Read More
  • Signal prioritisation as silver bullet
    January 13, 2023
    We can’t keep building roads to solve congestion. But help is available: transit signal prioritisation can easily reduce traffic and bring back riders to mass transit, says Bobby Lee of Lyt
    Read More
  • IRD complements WIM with tyre under-inflation detection
    May 8, 2015
    To complement its existing WIM offering, IRD has introduced a system to detect under-inflated and flat tyres at highway speeds. Tyre inflation pressure has both safety and economic impacts for road users and none more so than with commercial vehicles. An underinflated tyre has decreased directional control, increased risk of catastrophic failure, and negatively impacts tyre life and fuel economy. In June 2014 the USDOT published Large Truck and Bus Crash Facts 2012 in which the Federal Motor Carrier Safety
    Read More

Highlighted Content