Nonantum Funds Partners Announces Acquisition of Helix Site visitors Answers
Non-public Fairness Firm Acquires Sector-leading Provider of Mission-essential Website traffic Management Expert services
BOSTON, August 17, 2021–(Business WIRE)–Nonantum Funds Associates (“Nonantum”), a center-industry private fairness organization, today announced the acquisition of Helix Website traffic Remedies (“Helix”), 1 of the nation’s major providers of mission-crucial website traffic administration expert services and devices.
Helix features a entire suite of website traffic basic safety alternatives, like visitors control, flagging, products rental, and indication set up services. All of Helix’s services are presented to maintain road employees, utility contractors, and the common general public protected on active roadways in which repairs, construction, and updates are staying executed.
Helix has accelerated its growth in recent yrs by obtaining several founder-led targeted traffic support enterprises, generating a community of firms that give clients a really professionalized, neighborhood, and client-centric service with the guidance of a potent countrywide business. This divisional product permits Helix to supply its on-demand from customers and responsible services to far more than 3,400 clients across the nation, building Helix a single of the most trusted finish-to-end alternative vendors in the room and the acquirer of option for traffic management companies in the United States.
Nonantum grew to become the lover of alternative for Helix’s management given the firm’s observe history of accomplishment in obtaining and increasing loved ones and founder-led businesses and scaling them as part of a professionalized national platform.
“The good results of the Helix household of businesses is underpinned by lengthy-term shopper interactions developed on our deep sector awareness, expertise, and reducing-edge technologies that delivers trusted and on-time support,” Helix CEO Brent Smith reported. “Nonantum’s knowledge in the industrial companies and tools rental sectors, and in scaling providers like Helix to increase a company’s advancement probable, will be integral in expanding our countrywide footprint.”
Helix holds a lengthy historical past of outstanding organic and acquisition growth. Now, the business has 30 countrywide branches and more than 1,000 industry associates throughout 12 states. The breadth and depth of Helix’s reach allows the company to attract upon very best practices throughout assorted geographies and leadership teams.
The Nonantum workforce has a extended-standing connection with Brent Smith and has tracked the Helix opportunity for quite a few a long time. Nonantum is pleased to officially companion with Mr. Smith and the broader Helix crew.
“We are thrilled to husband or wife with Brent and work along with the Helix management crew, who are dependable voices in site visitors administration,” Nonantum Controlling Associate Jon Biotti reported. “America’s getting old infrastructure is in dire require of mend and modernization, and Helix is built to be a linchpin for responsible targeted traffic regulate companies that are integral to the security of both staff and the public. We are excited to support the up coming period of Helix’s evolution and continue running its proven playbook for advancement in a massive and extremely fragmented sector.”
RW Baird acted as money advisor to Helix. Nonantum was suggested by Goodwin in completing the Helix investment decision.
Helix is now searching for added complementary enterprises to purchase in the website traffic administration house. If interested in learning extra, please get hold of Brent Smith at [email protected].
About Nonantum Funds Companions
Established in 2018 by a staff of expert non-public fairness and management executives as a spin-out from Charlesbank Money Associates, Nonantum is a Boston-based mostly middle-marketplace non-public fairness organization. Nonantum focuses on investing in loved ones and founder-owned firms, corporate carve-outs, and complex scenarios where personal partnership is critical and possibilities exist for important fairness benefit development. For much more information, pay a visit to http://nonantumcapital.com/.
About Helix Targeted traffic Alternatives
Helix Targeted traffic Solutions is a provider of site visitors safety options, which include website traffic handle, flagging, products rental, and indicator set up services. Helix is structured as a selection of founder-led firms united beneath a potent nationwide business to offer hugely tailored and safe visitors management solutions for projects of any sizing throughout the United States. For far more details, check out https://helixtraffic.com/.
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