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Nonantum Capital Partners acquires Helix Traffic Solutions

Nonantum Capital Partners (Nonantum), a middle-market private equity firm, has acquired Helix Traffic Solutions (Helix), a provider of mission-critical traffic management services and equipment.

Helix offers a full suite of traffic safety solutions, including traffic control, flagging, equipment rental, and sign installation services. All of Helix’s services are provided to keep road workers, utility contractors, and the general public safe on active roadways where repairs, construction, and upgrades are being performed.

Helix has accelerated its growth in recent years by acquiring several founder-led traffic service businesses, creating a network of companies that offer customers a highly professionalized, local, and client-centric service with the support of a strong national organization. This divisional model allows Helix to deliver its on-demand and reliable service to more than 3,400 clients across the country, making Helix one of the most trusted end-to-end solution providers in the space and the acquirer of choice for traffic management businesses in the United States.

Nonantum became the partner of choice for Helix’s management given the firm’s track record of success in acquiring and growing family and founder-led businesses and scaling them as part of a professionalized national platform.

“The success of the Helix family of companies is underpinned by long-term client relationships built on our deep industry knowledge, expertise, and cutting-edge technology that delivers reliable and on-time service,” says Helix CEO Brent Smith. “Nonantum’s experience in the industrial services and equipment rental sectors, and in scaling companies like Helix to maximise a company’s growth potential, will be integral in expanding our national footprint.”

Helix holds a long history of exceptional organic and acquisition growth. Today, the company has 30 national branches and over 1,000 field members across 12 states. The breadth and depth of Helix’s reach enables the company to draw upon best practices across diverse geographies and leadership teams.

The Nonantum team has a long-standing relationship with Brent Smith and has tracked the Helix opportunity for several years. Nonantum is pleased to officially partner with Mr. Smith and the broader Helix team.

“We are thrilled to partner with Brent and work alongside the Helix leadership team, who are trusted voices in traffic management,” says Nonantum Managing Partner Jon Biotti. “America’s ageing infrastructure is in dire need of repair and modernisation, and Helix is built to be a linchpin for reliable traffic control services that are integral to the safety of both workers and the public. We are excited to support the next phase of Helix’s evolution and continue operating its proven playbook for growth in a large and highly fragmented sector.”

RW Baird acted as financial advisor to Helix. Nonantum was advised by Goodwin in completing the Helix investment.

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