Houlihan Lokey Advises SRL Traffic Systems

Houlihan Lokey is pleased to announce that SRL Traffic Systems, a portfolio company of LDC, has been acquired by 3i Infrastructure plc.

SRL is the leading equipment-as-a-service provider for temporary, portable and semi-permanent intelligent traffic lights and variable messaging signs. It supplies c.13,000 assets to some of the UK’s biggest infrastructure projects from its nationwide network of 30 depots, primarily servicing the traffic management and events industries. SRL offers its customers a full service rental solution, which includes the planning and design of complex traffic management systems, installation, maintenance and integration with existing systems, as well as direct sales of equipment assembled by SRL.

The company’s combination of leading product portfolio and excellent service has positioned it to address the growing market demand of an increasing number of roadworks projects, resulting from greater spending on highway maintenance, utilities works and major infrastructure projects. Hire of traffic management equipment is increasingly favoured over other methods of traffic control because it contributes to improved safety whilst roadworks take place, protecting both road workers and the general public whilst effectively managing traffic congestion.

3i Infrastructure plc is listed on the London Stock Exchange and its purpose is to invest responsibly in infrastructure, delivering long-term sustainable returns to shareholders and having a positive impact on its portfolio companies and their stakeholders.

Houlihan Lokey served as the exclusive financial advisor to SRL Traffic Systems on the transaction. This transaction highlights our deep sector expertise in advising in the industrial technology space, especially those businesses with an equipment-as-a-service model.