Private equity firm Vance Street Capital has brought together four ITS brands under the umbrella name Synapse ITS.
The "distinct expertise" of Polara Enterprises, Carmanah Technologies, Eberle Design (EDI) and Diablo Controls will be leveraged "to deliver smarter, data-driven technologies to help cities increase safety, optimise resources, and meet Vision Zero goals".
Los Angeles-based Vance Street's new platform is "focused on increasing roadway safety, efficiency, and accessibility through innovative infrastructure".
“Over the past several months, we’ve had the privilege of working with these businesses, each with its own impressive record of innovation and leadership," Vance Street partner Steve Sandbo says.
"In bringing them together as Synapse ITS, we are creating a single source for high-performance, technologically advanced solutions agencies can trust to help them build better, safer transportation networks.”
Synapse ITS products include solar-powered warning beacons and signs, accessible crosswalk systems, and access control devices, which can be found at intersections, and on highways, in school zones, and at midblock crossings.
The four companies are committed to expanding their connected product offering, Vance Street insists.
“Cities are faced with significant challenges as they look to protect vulnerable road users as well as reduce traffic incidents,” concludes Sandbo.
“But we strongly believe in the potential of this platform to deliver the kind of innovative connected solutions cities need to overcome these challenges, now and in the future.”
