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.
- Targets
- Watson Electrical Traffic Signal division
- Sellers
- Watson Electrical Construction Co. LLC
- Platforms
- Lumin8 Transportation Technologies
- Industry
- Electrical Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Signal Control Products Acquires Southern Lighting & Traffic Systems
September 13, 2024
Industrial Services
Signal Control Products (a portfolio company of Hamilton Robinson Capital Partners) has acquired Southern Lighting & Traffic Systems (SLTS), a traffic management equipment and pole-structure distributor headquartered in Cumming, Georgia. The deal expands SCP's geographic reach into the Southeast, strengthens OEM relationships, and creates one of the largest distributors of traffic management solutions on the U.S. East Coast.
-
Lumin8 Transportation Technologies Acquires Rommel Infrastructure
August 21, 2024
Transportation
Lumin8 Transportation Technologies, a portfolio company of Crest Rock Partners, has acquired Rommel Infrastructure, a Linthicum Heights, Maryland-based provider of traffic signal and street light maintenance and installation services. The add-on expands Lumin8’s Mid-Atlantic footprint and service capabilities; the acquisition is the seventh add-on to the Lumin8 platform and brings Lumin8’s workforce to over 500 employees.
-
Sherwood Companies Acquires Traffic & Lighting Systems (TLS)
September 9, 2023
Infrastructure
Sherwood Companies has acquired Traffic & Lighting Systems, Inc. (TLS) to expand its footprint and capabilities in the transportation infrastructure sector. Infinity Capital Partners served as Sherwood's buy-side advisor on the transaction, supporting structuring and due diligence.
-
Lumin8 Transportation Technologies Acquires Bean Electrical
May 11, 2023
Construction
Lumin8 Transportation Technologies, a portfolio company of Crest Rock Partners, has acquired Bean Electrical, a Fort Worth, Texas-based provider of traffic signal and streetlight construction and maintenance services. The add-on expands Lumin8's operations into the Dallas–Fort Worth market and strengthens its ITS and traffic infrastructure installation and maintenance capabilities for government and contractor customers.
-
Lumin8 Transportation Technologies Acquires Lightspeed Integrated Communications
February 16, 2023
Infrastructure
Lumin8 Transportation Technologies, a portfolio company of Crest Rock Partners, has acquired Lightspeed Integrated Communications, a Castle Rock, Colorado-based fiber optic infrastructure services provider. The deal expands Lumin8's fiber optic installation, splicing, testing, and maintenance capabilities to support ITS and broadband projects and broadens its service footprint across the U.S.
-
Crest Rock Partners Acquires Lumin8 Transportation Technologies
December 15, 2020
Transportation
Crest Rock Partners, a Denver-based private equity firm, made a majority investment in Lumin8 Transportation Technologies, a platform formed from W.L. Contractors, Carlson Construction Services and Wilburn Engineering. Lumin8 is headquartered in Arvada, Colorado, employs over 250 people, and provides traffic and intelligent transportation systems (ITS) services and technology to government entities and national contractors; Lumin8 management invested alongside Crest Rock and SDR Ventures served as sell-side advisor.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.