Lumin8 Transportation Technologies Acquires Watson Electrical Traffic Signal Division

November 7, 2023

Lumin8 Transportation Technologies, a portfolio company of Crest Rock Partners, has acquired the Traffic Signal division of Watson Electrical Construction Co. LLC in an asset divestiture. The deal — executed as an add-on to Lumin8's platform — expands Lumin8's ITS and traffic-signal capabilities and more than doubles its presence in North Carolina, creating a combined organization of over 450 employees serving government agencies and contractors.

Buyers
Lumin8 Transportation Technologies, Crest Rock Partners
Targets
Watson Electrical Traffic Signal division
Sellers
Watson Electrical Construction Co. LLC
Platforms
Lumin8 Transportation Technologies
Location
North Carolina, United States
Transaction Type
Addon

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