Sterling Partners Acquires Traffic Solutions

Sterling Partners Acquires Traffic Solutions

Sterling Partners has acquired Traffic Solutions Corporation (TSC), a provider of traffic control products and services.

TSC rents, sells, and services a range of traffic control products including barricades, message and arrow boards, crash cushions, and solar-powered message boards. The company also provides an array of services including construction zone traffic control, permit process management, overhead sign installation, striping services, and lane, road, and freeway closures.

Customers of TSC include public utilities like Sacramento Municipal Utility District, Honolulu Rail, Hawaiian Electric and PG&E; federal, state, county, and city agencies; private utilities; large road and bridge building firms; general contractors; and special event producers. The company has more than 2,000 customers and 750 employees at 18 locations in California, Hawaii, and Nevada. TSC is led by its president Don Nicholas and is headquartered in Newport Beach, CA (

Traffic Solutions Corporation was formerly known as Traffic Control and Safety Corporation, it filed Chapter 11 Bankruptcy in April 2012, and was previously a portfolio company of Marwit Capital and Fifth Street Finance.

“This new partnership is a testament to the hard work we put in to establish TSC’s successful platform, and the investment means exciting possibilities for our future,” said Mr. Nicholas. “Sterling Partners shares our urgency and enthusiasm for addressing America’s infrastructure, and we look forward to identifying new innovations and growth opportunities for customers and employees.”

“Industrial services providers are more important than ever given the investment needed in the nation’s current infrastructure,” said Mike Drai, Managing Director at Sterling Partners. “Don and his team at TSC have successfully built a strong platform and we look forward to leveraging opportunities for accelerated growth.” Sterling’s strategy with TSC will be to enter into new geographies, expand in existing end-markets, and add new products and services.

Sterling Partners focuses on investing growth capital in small and mid-market companies in industries with positive, long-term trends, including healthcare and business services. The firm was founded in 1983 and has offices in Chicago and Baltimore (

© 2018 Private Equity Professional | May 18, 2018

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