TAPCO Completes the Acquisition of Logix ITS
Combination accelerates innovation in the ITS space, delivering one of the industry's most comprehensive suites of connected traffic safety solutions
Traffic and Parking Control Co., LLC (TAPCO), a leading provider of intelligent transportation systems (ITS) and traffic safety products announced that it has acquired Logix ITS, a leading provider of connected traffic solutions spanning speed calming, traffic flow and parking technologies serving customers across the U.S. and Canada under the Traffic Logix, All Traffic Solutions and Parking Logix brands.
Logix ITS has built a reputation as a pioneer in connected safety solutions, with a strong direct sales force, an established customer base, and a unified cloud platform powering thousands of traffic devices in the field. Its leadership in hardware innovation combined with scalable backend software positions the company to deliver actionable traffic data and real-time visibility to more than 4,000 cities, municipalities, law enforcement agencies and commercial customers.
By joining forces, TAPCO and Logix ITS are creating the most comprehensive ITS platform in North America to enhance safety outcomes and improve road connectivity. TAPCO will continue to serve its customers with a differentiated, vertically-integrated delivery model including in-house manufacturing, distribution and value-add service while creating one of the largest direct sales forces in the industry.
Eric Stangel, President and CEO of TAPCO, said, “We are excited to join forces with Logix ITS, expanding our 70-year legacy of pioneering traffic safety. This acquisition unites cutting-edge solutions under one smart platform, empowering agencies to enhance roadway and pedestrian safety seamlessly.” Stangel adds, “We’re grateful to our employees, customers and partners for supporting our mission to save lives and drive transformative safety innovations.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
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