DBi Services, which is backed by Sterling Partners, has acquired Digital Traffic Systems Inc, an intelligent transportation systems company. No financial terms were disclosed.
DBi Services (DBi) has acquired Digital Traffic Systems, Inc. (DTS), an intelligent transportation systems (ITS) company. As the transportation market continues to evolve, and cars become more connected and autonomous, DBi sees an opportunity to better serve its more than 3,000 customers by further expanding into intelligent infrastructure solutions and services. Together, DBi and DTS are a unified company for intelligent infrastructure maintenance, management, and operations including transportation technology assets that provide customers and the traveling public with real-time information and data.
“Partnering with DTS made perfect sense. We both operate and maintain different transportation assets, many times on the same roadway network. Now, we can offer our distinct yet highly complementary services and knowledge under one roof to existing and future customers,” said Mark Robinson, DBi Services President and Chief Operating Officer.
Roger Zino, DBi Chief Executive Officer, said, “This partnership gives us more insight and talent to continue to lead the industry in innovation, protect the safety of the traveling public, and anticipate the coming changes our customers will need to address as transportation continues to evolve.”
DBi and DTS have a similar customer base (typically DOTs) and will work together to ensure those customers receive the highest levels of safety, customer service and high-quality performance. DTS will operate as a wholly owned subsidiary of DBi and will continue to operate out of its headquarters in Ashland, Virginia.
“We eagerly anticipate the start of work alongside the team at DBi. This partnership provides us with the resources and support to more quickly expand our specialized transportation technology services into expanded markets and strengthens our capabilities and focus on providing ITS and traffic data services for our customers,” said Peter Keen, DTS President and Chief Operating Officer. “As a larger and more diverse company we can also provide more opportunities for advancement for our employees and deliver specialized technical support more effectively.”
To better help customers make long-term planning decisions, a key area of focus for DBi is expanding into new and emerging markets that benefit customers, the traveling public, and the industry overall. DBi will continue to actively look to support companies that are impacting the future of transportation with significant investments and strategic collaborations.
About DBi Services
DBi Services is a global leader in infrastructure operations and maintenance. Founded in 1978, DBi is headquartered in Hazleton, Pennsylvania, and has grown from a small commercial residential maintenance company to a global network of over 90 locations and approximately 3,000 employees in the US, Canada and the UK, providing infrastructure maintenance, management and operations solutions to government agencies, railways, utilities and private industries. To further fuel its growth, in 2016 DBi partnered with Sterling Partners, a diversified investment firm committed to building high-quality companies, allowing DBi to invest in more resources and build upon its position as a market leader. For more information, visit www.dbiservices.com.
About Digital Traffic Systems
Digital Traffic Systems (DTS) is focused on providing the best in Intelligent Transportation Systems (ITS) and Traffic Data Collection solutions and services. DTS has almost two decades of experience planning, managing, and executing innovative projects, including complex ITS projects and performance-based statewide Traffic Data programs. Complete ITS support for major assets for agencies and localities across the country include sensors, monitoring and display systems, design and installation, custom maintenance programs, and system support. Government agencies and engineering firms depend on DTS to provide high-quality traffic data and accurate transportation monitoring. For more information, visit www.digitaltrafficsystems.com.