Peak Rock Capital completed the acquisition of Traffic and Parking Control.

Peak Rock Capital, a private equity firm, completed the acquisition of Traffic and Parking Control, a provider of intelligent transportation systems and traffic safety products. Financial terms were not disclosed. "Peak Rock's culture and focus on growth aligns perfectly with our vision for the Company, as we look to expand our product portfolio and service capabilities to communities across the country. With this new investment, we will be better positioned to deliver innovative ITS solutions that enhance safety outcomes and improve road connectivity," Eric Stangel, TAPCO CEO.