Tuesday, April 18, 2017
Platinum Equity Buys American Traffic Solutions
Los Angeles-based private equity investor Platinum Equity has acquired American Traffic Solutions, a provider of road safety, red light, and traffic violation cameras, according to the two companies. Financial details of the acquisition were not announced. ATS, which is based in Arizona, says it has more than 3,500 school bus stop arm, red-light and speed safety cameras installed.