Under terms of the deal, Traffic Plan’s business will now rent and sell traffic control equipment.
According to Traffic Plan, this is a seamless experience for its customers “who rely on the business to be their partner in planning and maintaining safe traffic control.”
“The asset purchase now offers an exciting opportunity for Traffic Plan to supply a complete menu of traffic safety services, combined with a portfolio of equipment, to our customers,” said Carolyn M. Kiely, president of Traffic Plan.
“We are thrilled to offer this additional service to provide an inclusive traffic safety control solution to our customers. Our dedicated team is driven to protect the public, people, and equipment we offer so you can trust in the level of service and support you receive from us,” said CEO Maryellen Kiely.
Financial terms of the deal were not disclosed.