Seaport
Capital, a New York-based private equity firm, announced today that
it has completed a strategic investment in All
Traffic Data (“ATD”) to support the continued growth of the company.
All Traffic Data is a provider of traffic data collection and reporting,
consulting services, and transportation asset management for civil
engineering firms, state and local transportation authorities,
municipalities, and commercial establishments across the United States.
All Traffic Data founders Eric and Dawn Boivin will continue to lead the
company management team and are investing alongside Seaport in future
growth initiatives. ATD’s primary service offerings include traffic
pattern surveys, average daily traffic counts, turning movement counts,
origin / destination studies, and safety study diagrams. The company
also offers consulting services for transportation infrastructure
maintenance, development, and safety. Seaport funded the investment
through Seaport Capital Partners V, a $230 million private equity fund.
“All Traffic has multiple, exciting growth opportunities in front of
it,” said Eric Boivin, Co-Founder and CEO of All Traffic Data. “Our
partnership with Seaport will provide the capital, support and strategic
guidance to help us execute on our shared vision for the future of our
business. They understand that our historical success is due to the
attentive and responsive service we provide our clients, and this focus
will be the guiding light of our strategy going forward.”
Dawn Boivin, Co-Founder and COO of All Traffic Data said, “Our
partnership with Seaport will allow us to grow while continuing to
provide the service and attention to detail that our long-standing
clients have come to expect from us. Eric and I look forward to leading
this exciting new chapter of our company for our clients and our
employees.”
Drew
Meyers, Partner at Seaport Capital, discussed the investment, saying
“Over the years, the All Traffic Data team has achieved impressive
growth and earned a reputation for leadership in their industry by
developing long-term client relationships built on trust, innovation and
reliability. Through our new partnership with Eric, Dawn and the rest of
the ATD team, Seaport Capital is proud to continue our long-standing
track record of providing capital and support to founders of leading
business services companies.”
About All Traffic Data
Founded in 2001 in Wheat Ridge, Colorado, All Traffic Data provides
traffic data collection and reporting, consulting services and
transportation asset management to a multitude of civil engineering
firms, state and local transportation networks, commercial
establishments and cities across the US. ATD also has offices in
Seattle, Atlanta, Jacksonville, Portland (OR), Columbia (SC), and San
Jose.
For additional information, visit www.alltrafficdata.net.
About Seaport Capital
Founded in 1997, Seaport Capital is a lower middle market buyout firm
that invests in communication infrastructure and services, business and
information services and media companies (the “Focus Sectors”).
Seaport’s senior investment team has over 100 years of combined
experience investing in the Focus Sectors, and the team has worked
collectively for over 15 years. Seaport typically invests $10 to $30
million of equity capital in companies generating EBITDA between $3 and
$15 million, with the goal of maximizing the return on invested capital.
Seaport’s substantial industry expertise and investing experience enable
it to develop successful strategies; its relationships and team help
achieve them. Nearly all of Seaport’s platform investments have been
owned by founders or entrepreneurs seeking a collaborative institutional
partner to provide the financial and operational resources to grow their
businesses and execute on a successful strategic plan.
For additional information, visit www.seaportcapital.com.
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