Florida Temporary Traffic Control Merges with Flagger Force

Florida Temporary Traffic Control Joins Forces with Flagger Force

In a significant development within the traffic control sector, Generational Group has announced the successful acquisition of Florida Temporary Traffic Control (Florida TTC) by Flagger Force. This strategic move is expected to bolster both companies’ operations and enhance their service offerings in the traffic management arena.

About Florida Temporary Traffic Control

Based in Boca Raton, Florida TTC specializes in short-term traffic control services and rental equipment for public utilities and telecommunications. The company is driven by a commitment to safety and excellence on every job site, consistently delivering innovative solutions and fostering teamwork within the Maintenance of Traffic (MOT) industry. They aspire to be recognized as the leading provider in their field, focusing on technological advancements and professional development.

Leadership Insights on the Acquisition

Joseph Marsal, Founder and President of Florida TTC, expressed his enthusiasm about joining the Flagger Force team: “When I first met Flagger Force, I felt a strong connection. This acquisition allows us to better meet the needs of our clients and enhances growth for our team through advanced technology in training and job execution.”

Flagger Force: A Leader in Traffic Management

Flagger Force, recognized as a safety-driven leader in short-term traffic control, operates from Hummelstown, Pennsylvania, and boasts a workforce of 2,000 dedicated professionals. Their operational model prioritizes safe work zones, positioning them as a reliable partner for the utilities and infrastructure sectors across the eastern United States.

Continued Growth and Expansion

Mike Doner, Founder and CEO of Flagger Force, remarked on the acquisition, stating, “We are delighted to integrate Florida TTC into our family. This partnership will significantly accelerate our expansion in the Florida market and we are excited about the collaborative opportunities with Joseph Marsal and his team.” This integration is set to enhance capabilities and range of services offered to clients across Florida.

Strategic Investments from Blue Sea Capital

Blue Sea Capital, the firm behind Flagger Force, manages over $1.4 billion in assets, primarily focusing on growth-oriented lower middle-market companies. With a focus on crucial sectors like aerospace, healthcare, and industrial growth, Blue Sea seeks to foster partnerships that provide strategic and operational enhancements designed to drive growth and transformation in the businesses they invest in.

Market Commitment

Mitch Ulman, Vice President at Blue Sea Capital, discussed the synergy observed with Florida TTC’s vision: “Florida TTC shares our commitment to ensuring the community’s safety through effective traffic control. Their addition to the Flagger Force platform will not only solidify our presence in Florida but also pave the way for sustained growth opportunities.”

The Role of Generational Group

Generational Group played a crucial role in facilitating this acquisition, with Executive Managing Director of M&A for the Eastern Region, David Fergusson, leading the charge alongside Senior Managing Director Terry Mackin. They successfully navigated the complexities of this transaction to bring both organizations into a strategic alliance.

Ryan Binkley, CEO of Generational Group, commented on the significance of this merger, saying, “This transaction reflects our commitment to orchestrating deals that create enduring value for all parties involved. We take pride in connecting two entities that are poised for shared success.”

Understanding the Advisory Services

Generational Group, based in Dallas, operates as a comprehensive business advisory firm, offering a broad range of services including growth consulting, mergers and acquisitions, and wealth management among others. With more than 350 professionals across 17 offices in North America, they empower business owners to unlock their company’s potential and capitalize on their wealth.

Conclusion

The merger between Florida Temporary Traffic Control and Flagger Force represents a pivotal moment in the traffic control industry, promising enhanced services and growth. As both companies integrate their resources and expertise, clients can expect improved offerings that prioritize safety and innovation in traffic management, alongside an expanded operational footprint across the United States.

Frequently Asked Questions

What is the purpose of the merger between Florida TTC and Flagger Force?

The merger aims to enhance both companies' service capabilities in traffic management while providing growth opportunities and advanced technology for better customer support.

Who is the parent company of Flagger Force?

Flagger Force is a portfolio company of Blue Sea Capital, a private equity firm focused on growth-oriented lower middle-market companies.

What services does Florida Temporary Traffic Control offer?

Florida TTC specializes in short-term traffic control services and equipment rentals for public utilities and telecommunications providers.

How many employees does Flagger Force have?

Flagger Force has approximately 2,000 full-time employees dedicated to establishing safe work zones and providing traffic control services.

What role does Generational Group play in this acquisition?

Generational Group acted as the advisory firm facilitating the merger, offering strategic support throughout the acquisition process.

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