NETC provides highway construction traffic control services and products to the Northeastern region of the United States. Founded in 1996, the company offers services in traffic control, highway safety construction and engineering, as well as the sale of traffic control products while employing the most reliable and cutting-edge technologies. NETC partners with contractors serving various state authorities in their highway safety needs. The company’s founder and owner sought a path to retirement, shareholder liquidity, and a new partner committed to the company’s continued growth.
Baker Tilly Capital ran a sell-side process and worked with the owner and his management team to find the right partner. After soliciting proposals from potential strategic buyers, the company selected Helix Traffic Solutions, LLC (Helix), a portfolio company of Nonantum Capital Partners (Nonantum), as its new partner.
NETC found the right partner in Helix, one of the nation’s largest providers of mission-critical traffic management services. Helix partners with family and founder-owned traffic control businesses providing financial and leadership backing to improve reach and success. Together, Nonantum and Helix will provide valuable resources and expertise to support NETC’s continued growth and commitment to outstanding services.
Founded in 2018 by a team of experienced private equity and management executives as a spin-out from Charlesbank Capital Partners, Nonantum is a Boston-based middle-market private equity firm. Nonantum focuses on investing in family and founder-owned businesses, corporate carve-outs and complex situations where personal partnership is critical, and opportunities exist for significant equity value creation.