Pacific Equity-backed Altus Group completed the acquisition of Traffic Management NZ.

Pacific Equity-backed Altus Group, a traffic management company, completed the acquisition of Traffic Management NZ, a traffic management company. Financial terms were not disclosed. "We are delighted to have the opportunity to work with TMNZ, to continue to invest in its people, systems and capacity - and to deploy our priority digital solutions to further improve safety on New Zealand's roads," Ben Marsonet, Altus Group CEO.