Helix Traffic Solutions Announces Strategic Acquisition of Highway Safety Services

Business Wire

a day ago

MURFREESBORO, Tenn.--(BUSINESS WIRE)--Helix Traffic Solutions ('Helix'), a leading provider of traffic safety solutions throughout the United States, has announced its strategic acquisition of Highway Safety Services, based in Lafayette, Indiana. The acquisition extends Helix's footprint into the attractive traffic safety market in Indiana, comprised of roadway contractors, utility companies and municipalities. Transaction terms were not disclosed. Helix is majority-owned by Nonantum Capital Partners, a leading private equity firm based in Boston, MA. This is Helix's 18 th acquisition under Nonantum's ownership.
Highway Safety Services delivers a comprehensive portfolio of solutions throughout Indiana that includes traffic control, pavement marking, flagging and equipment sales and rentals. The company was founded in 2005 by industry veteran, Mike Madrid. Since its founding, the Company has established itself as the regional authority by providing reliable, high-quality solutions across the traffic safety landscape in Indiana.
'We are pleased to welcome Mike, the talented leadership team and the skilled workforce at Highway Safety Services to Helix Traffic Solutions,' said Mark M. Fisher, Helix Chief Executive Officer. 'Their culture of safety and service excellence aligns perfectly with our values, and we're excited about the opportunities to grow and innovate together in Indiana and beyond.'
'Becoming part of Helix marks an exciting new chapter for Highway Safety Services,' said Mike Madrid, founder and former owner. 'This partnership allows us to build on our strong local presence while gaining access to broader resources and capabilities. Together, we'll be able to deliver even greater value to our customers and create new opportunities for our team.'
About Helix Traffic Solutions
Helix is a leading provider of traffic safety solutions in the United States with a mission to protect lives with superior traffic and infrastructure services that ensure safe and efficient roadways. The company's comprehensive offerings include traffic control, flagging, equipment sales and rental, and traffic safety infrastructure services. Helix's solutions are provided to a broad customer base of utility companies, roadway contractors, municipalities and state transportation departments located throughout 31 states. For more information, visit https://helixtraffic.com/.
About Nonantum Capital Partners
Founded in 2018 by a team of experienced private equity and management executives as a spin-out from Charlesbank Capital Partners, Nonantum is a Boston-based middle-market private equity firm. Nonantum focuses on investing in family and founder-owned businesses, corporate carve-outs, and complex situations where personal partnership is critical, and opportunities exist for significant equity value creation. For more information, visit http://nonantumcapital.com/.