November 30, 2022
City Rise Safety and Bay Area Traffic Solutions (BATS), two of the Bay Area’s most established traffic control solutions providers, announced their merger. The deal creates Northern California’s largest, full-service provider of traffic control services.
Founded in 2008, BATS has a leading industry reputation for service and safety excellence and is highly regarded for their dependability, commitment to safety, and overall quality service. By joining forces, the combined company can now leverage its expanded footprint and resources to provide the most comprehensive solution for nearly any type of project, regardless of size or scope.
“Aging infrastructure, regulation, and population growth have fueled the need for reliable traffic control services – a requirement for projects that can’t be delayed,” said Mariano Pacheco, President of the combined company. “In an industry that is highly fragmented with only a handful of large, multi-state players, we are excited about the opportunity to more effectively meet the needs of our customers with our new partner, City Rise Safety,” he added.
“Partnering with BATS nearly doubles the size of our company and provides our customers with more than 500 Traffic Technicians to serve their traffic control needs,” said Nicole Beadles, Chairperson of the combined company. “By joining forces with BATS, we can lead Northern California in unsurpassed traffic control solutions.” Boston-based private equity firm Lineage Capital made a minority investment to help facilitate the combination and fuel future growth and expansion.
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Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading national M&A and merchant banking services company with over 32 years of advisory experience dedicated to middle-market transactions.