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Right Traffic successfully acquires W.D. Wright, a premier traffic control company

Aug 13, 2024over 1 year ago

Acquiring Company

Right Traffic

Acquired Company

W.D. Wright

United StatesConstructionPublic SafetySecurity

Description

Lazear Capital Partners is pleased to announce the successful acquisition of W.D. Wright, a premier traffic control company based in Beaver, Pennsylvania, by Right Traffic. This landmark transaction represents a strategic expansion for Right Traffic, enhancing its presence across the Midwest, Mid-Atlantic, and extending into the Carolinas and Florida. The combined entity will now boast a workforce of over 3,000 employees, serving 10 states and three Canadian provinces.

Company Information

Company

Right Traffic

Location

137 Venture Run

About

Right Traffic is a North American company specializing in traffic safety technology and management. They provide comprehensive traffic control solutions for various projects across the United States and Canada. With a team of highly-trained professionals and advanced technology, Right Traffic focuses on ensuring safety for workers and the public while maintaining efficient traffic flow in work zones, construction sites, events, and utility projects. The company offers a range of services, including expert traffic management using the Guardian SmartFlagger, precise road striping and marking for various surfaces, and the development of custom traffic plans tailored to specific project needs. They also provide a wide inventory of traffic control equipment for rent, ensuring reliability and safety on-site through proactive maintenance. Right Traffic serves a diverse clientele, including government agencies, construction companies, utility providers, and municipalities, with a commitment to keeping millions of people moving safely every day. Founded in Dartmouth, Nova Scotia, Right Traffic has established itself as a leader in the traffic control industry by prioritizing safety, efficiency, and regulatory compliance.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed