Transaction

Clearwater advises Road Traffic Solutions on its sale to Equistone-backed BUKO

Transaction

Road Traffic Solutions sold to BUKO Traffic & Safety backed by Equistone Partners Europe

Sell-side

Undisclosed

Role

Adviser to Road Traffic Solutions on its sale to Equistone-backed BUKO

Sector

Industrial & Chemicals

Region

United Kingdom

Clearwater has advised Road Traffic Solutions Limited (Road Traffic Solutions), a UK-based specialist in temporary traffic and event management solutions, on its sale to Equistone-backed BUKO Traffic & Safety (BUKO), a leading provider of outsourced traffic and safety management solutions in the Netherlands.

Headquartered in Scunthorpe, with six further depots throughout the UK, Road Traffic Solutions specialises in temporary traffic and event management solutions through its divisions of Traffic Management, a provider of solutions for planned and emergency road works, and Total Event Solutions, offering security services for events in the UK, including sporting events, festivals, and ceremonies organised by the British monarchy such as the King’s Coronation amongst others. Road Traffic Solutions' portfolio of clients includes utility companies, construction companies, event organisers, and local authorities.

Headquartered in Barendrecht, the Netherlands, BUKO employs more than 400 people and successfully oversees several thousand projects annually. The company is a leading provider of outsourced traffic and safety management solutions in the Netherlands and consists of two business units, BUKO Infrasupport, a specialist in end-to-end outsourced temporary traffic management solutions to contractors and public authorities, and BUKO Waakt, a provider of temporary remote security solutions that includes camera surveillance, intrusion detection systems, and access control systems for construction sites.

Since funds advised by Equistone acquired a majority stake in BUKO in February 2023, the company has pursued a growth strategy focused on building its presence in its home market and expanding into neighbouring countries supported by strong market dynamics. The acquisition of Road Traffic Solutions represents a key milestone for this strategy and marks BUKO’s first step outside the Netherlands, providing an important foothold in the UK market and a basis for further growth.

traffic cones on road electronic arrow

In recent years, Road Traffic Solutions has developed into a leading provider of traffic and event management solutions in the UK and, together with BUKO, we see many opportunities to continue this growth path. Clearwater did a fantastic job guiding us through this process and I look forward to their continued support on our journey over the coming years. They have a deep understanding of the UK infrastructure market and that proved hugely beneficial throughout the transaction.

Richard Green, Managing Director, Road Traffic Solutions
traffic cones on road electronic arrow

With BUKO, Road Traffic Solutions becomes part of a strong, reputable group with a shared culture and similar business values revolving around safety, compliance and good employership. It was clear from the outset that Zack and the team at Clearwater were experts in our sector and we are delighted that they introduced such a suitable buyer in BUKO.

Ben Dexter, Owner and Chairman, Road Traffic Solutions

Road Traffic Solutions stands out due to its exceptional standards for service, reliability and safety, values which align with our own high standards. There are a lot of best practices to be shared between each other. We are excited about our partnership with Road Traffic Solutions and our expansion into the attractive UK market.

Robert Emmerich, CEO, BUKO

BUKO has built up a leading position with long-standing, trusted relationships in its home market of the Netherlands. With a strong partner like Road Traffic Solutions, this acquisition represents the first step towards replicating this exceptional track record in the UK market and expanding the company via a targeted buy-and-build strategy.

Hubert van Wolfswinkel, Partner, Equistone

Richard, Ben and the team have built an exceptional business in Road Traffic Solutions and we enjoyed working with them to deliver this transaction and finding the ideal partner for them in BUKO. This transaction continues our strong momentum in the wider infrastructure services space and demonstrates the high levels of interest in quality, UK-based specialist players. It is also good to see the emergence of major European players seeking opportunities in the UK, a trend we expect to see continue in the coming years.

Zack Goddard, Director, Clearwater

Advisers

Transactions