Bay Area Traffic Solutions Inc.
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Bay Area Traffic Solutions Inc. - overview
Established
2008
Location
Fremont, CA, US
Primary Industry
Transportation Services
About
Bay Area Traffic Solutions Inc. specializes in providing comprehensive traffic control services, ensuring safety for construction crews and public events across California. Founded in 2008 and headquartered in Fremont, US, Bay Area Traffic Solutions Inc. operates primarily in the traffic management sector.
The company has undergone strategic changes to enhance its service offerings and has successfully completed 2 deals, the most recent being in November 2022 when City Rise Safety acquired it, although the financial terms were not disclosed. Bay Area Traffic Solutions Inc. offers a suite of traffic control services including traffic management for special events, plans and permitting services, portable sanitation solutions, and rentals. Their tailored services cater to a diverse client base including government agencies, construction companies, and event organizers, focusing on scenarios like traffic management at construction sites and large public events, leveraging over 35 years of industry experience.
The company generates revenue through business-to-business and direct-to-consumer channels, typically through contracts that involve fixed fees for services rendered, such as traffic control and safety services. They also engage in rental agreements for portable sanitation units and traffic signage, charging clients on a per-event basis or via longer-term leases. Their primary services include specialized traffic control for events and comprehensive permitting support, ensuring compliance with safety regulations. Following its acquisition in November 2022, Bay Area Traffic Solutions Inc.
will focus on enhancing its traffic control solutions under the City Rise Safety umbrella. The company plans to introduce new products aimed at improving safety protocols and aims to expand its operations into new geographic regions across California by 2024. The acquisition funding will be utilized to bolster these initiatives and support the development of enhanced service offerings.
Current Investors
City Rise Safety
Primary Industry
Transportation Services
Sub Industries
Consumer Services, Transportation Services
Website
www.batstrafficsolutions.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Bay Area Traffic Solutions Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Bay Area Traffic Solutions Inc. | - | ||||||||
| Private Debt | Completed | Bay Area Traffic Solutions Inc. | - |
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