All Traffic Data, a Wheat Ridge, Colorado-based provider of traffic data collection and reporting, consulting services, and transportation asset management for civil engineering firms, state and local transportation authorities, municipalities, and commercial establishments across the United States, received an investment from Seaport Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand its business reach.
Founded in 2001 by Eric and Dawn Boivin, who will continue to lead the management team and are investing alongside Seaport in future growth initiatives, All Traffic Data provides traffic data collection and reporting, consulting services and transportation asset management to a multitude of civil engineering firms, state and local transportation networks, commercial establishments and cities across the US.
It supplies traffic pattern surveys, average daily traffic counts, turning movement counts, origin / destination studies, and safety study diagrams.
The company, which also offers consulting services for transportation infrastructure maintenance, development, and safety, also has offices in Seattle, Atlanta, Jacksonville, Portland (OR), Columbia (SC), and San Jose.
Seaport Capital, a New York-based private equity firm, funded the investment through Seaport Capital Partners V, a $230m private equity fund.
FinSMEs
22/04/2019