I Squared Capital to acquire Ramudden from Triton.

I Squared Capital, a private equity firm, agreed to acquire Ramudden, an international provider of traffic management and infrastructure safety, from Triton, a private equity firm. Financial terms were not disclosed. “All of us at Triton would like to thank the platform founders, group management and the company’s skilled employees for their hard work and contributions during our ownership and for their continuous efforts in building the future of Ramudden. We are glad to have been able to support the board and management to execute the long-term vision for Ramudden Global by setting the strategy and overseeing the creation of a recognized European and global champion in a fragmented and overlooked industry,” Peder Prahl, Triton Founder and CEO.