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New Deal


Announced

Completed

Crest Rock Partners completed the investment in Lumin8 Transportation Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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intelligent transportation systems

Private Equity

United States

Specialty Contracting

Domestic

Friendly

Private

Acquisition

Single Bidder

Majority

traffic solutions

Completed

Synopsis

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Crest Rock Partners, a Denver-based private equity firm investing in lower middle market software, technology, services and manufacturing businesses, completed the investment in Lumin8 Transportation Technologies, a provider of traffic and intelligent transportation systems. Financial terms were not disclosed. "We are thrilled to partner with Lumin8 through their next phase of growth. The Lumin8 team has done a tremendous job growing their individual businesses by consistently executing for their customers and by taking care of their employees. The combined company will benefit significantly from shared resources and expertise, which should catalyze further geographic expansion. We are excited to help the Lumin8 team take on what we believe to be an incredible opportunity in the US traffic and ITS markets," Steve Johnson, Crest Rock Partner.

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