Announced

New Mountain Capital and Energy Impact Partners to acquire a majority stake in Site 20/20.

Synopsis

Private equity firms New Mountain Capital and Energy Impact Partners, agreed to acquire a majority stake in Site 20/20, a technology company in traffic control and road safety. Financial terms were not disclosed. “We are in the early stages of our journey in realizing the full potential of what this company can be. This strategic growth investment will help accelerate this process and we are honoured to partner with like-minded investors in New Mountain and Energy Impact Partners that share our vision and will support us moving forward," Mitch Hollohan, Site 20/20 CEO.

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