Triton Merges AVS, Chevron TM, Fero and Ramudden into Single Traffic Safety Platform

Triton Launches Ramudden Global, Combining Ramudden, AVS and Chevron

May 17, 2023

Industrial Services

Triton announced the launch of Ramudden Global, a single brand and identity bringing together its portfolio companies (including Ramudden, AVS and Chevron) into an international group focused on infrastructure safety. The group operates in 12+ countries with c. €650m sales and over 4,500 employees, reflecting Triton’s buy-and-build consolidation strategy and ongoing add-on activity to drive international expansion and capability scale.

AVS Verkehrssicherung Acquires Majority Stake in Fero Group

June 3, 2019

Transportation

AVS Verkehrssicherung, a Triton Fund IV company, has agreed to acquire a majority share in Belgium-based Fero Group from the founding Haerens family. Fero is a leading provider of temporary traffic management, road marking and traffic signage with more than 300 employees across multiple locations in Flanders and Wallonia; the transaction strengthens AVS's European footprint in work-zone safety and is subject to regulatory approval.

Chevron Traffic Management Acquires Traffic Management Services Ltd.

April 12, 2019

Transportation

Chevron Traffic Management Ltd (a Triton Fund IV company) has acquired Traffic Management Services Ltd (TMS). The acquisition brings TMS's low-speed and events traffic management capabilities and three depots in the Midlands and North East into Chevron TM's national platform to support growth and strengthen market position.

AVS Verkehrssicherung Acquires SRV Verkehrstechnik GmbH

September 22, 2020

Infrastructure

AVS Verkehrssicherung, a Triton Fund IV portfolio company, has signed an agreement to acquire SRV Verkehrstechnik GmbH, a provider of permanent and temporary road marking and construction site traffic safety services based in Limbach-Oberfrohna, Germany. SRV employs 26 people and the acquisition is intended to expand AVS's regional service portfolio and consolidate traffic-safety capabilities across the group.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.

AVS Verkehrssicherung Acquires Lorenz GmbH (Lorenz Markierungen)

July 2, 2019

Construction

AVS Verkehrssicherung, a Triton-backed traffic safety services provider, has signed an agreement to acquire Lorenz GmbH (Lorenz Markierungen), a road marking and construction site safety company based in Wittstock/Dosse, Germany. The deal — subject to antitrust approval — expands AVS's service capabilities and regional coverage; terms were not disclosed.