Traffic Solutions Corp. Adds Altus to its Ranks
Sterling Partners has partnered with Altus Traffic Management, a full-service traffic management and work zone safety provider.
With Altus, TSC will bring its traffic control services and product sales platform to the Texas, Washington, and Colorado markets. Combined, the companies will have twenty-six locations across six states.
“When we partnered with Traffic Solutions Corporation, the plan was to look for and leverage opportunities for accelerated growth. Bringing Altus into the fold allows us to quickly scale TSC’s platform to better serve customers across a wider geographic footprint,” said Mike Drai, Managing Director at Sterling Partners. “We will continue to support companies that have clear growth opportunities and offer innovative and efficient solutions to solve our nation’s infrastructure challenges.”
Founded in 2006, Altus works with utilities, construction contractors, and government agencies solving major traffic and construction zone safety issues. Altus’ 375 employees provide more than 575 customers with traffic control services, equipment rental and design, permitting and training and completes more than 6,750 projects each year.
Altus’ partnership with TSC supports their shared growth strategies to enter new geographies, diversify service offerings, and expand in existing end markets. Both companies’ experienced leadership teams and talented employees will continue to provide high-quality, safe, and cost-effective traffic control solutions. With the new relationship, Altus can also offer its customers access to TSC’s robust equipment and product sales capabilities.
Altus marks Sterling Partners’ tenth investment in the industrial, maintenance, and infrastructure services sector. Sterling will continue to actively evaluate and invest in high-quality companies within this segment that are committed to providing critical services safely and efficiently.
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Category: General Update, News