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H2 EQUITY PARTNERS IS PLEASED TO ANNOUNCE THAT ITS PORTFOLIO COMPANY AMBERON GROUP HAVE COMBINED WITH FOREST TRAFFIC SERVICES

Amberon Group (“Amberon”) has achieved a strategic combination with Forest Traffic Services to create the UK’s market-leading traffic management provider. The combined group will have revenue in excess of £90 million, operating a network of 43 depots across the country and employs more than 1,000 FTE. Following the transaction, the group will be able to provide both low and high-speed Traffic Management (TM) services across the country and is targeting further expansion across the strategic road network (SRN) managed by Highways England.

Amberon and Forest have both grown significantly in recent years, driven by their specialist expertise in the traffic management sector, high quality of service delivery and its best-in-class approach to health and safety. Traffic management is a safety critical service that allows all forms of road works to be completed whilst keeping both road users and pedestrians safe. To deliver these services across the country the group has an extensive fleet of over 1,000 vehicles and 3,000 traffic lights as well as numerous signs, barriers and other specialist TM equipment operating out of 43 depots.

The combination with Forest is a clear step in achieving the strategic vision bringing strong capabilities in the high-speed segment of the market allowing the combined group to access more opportunities.

Prior to the combination with Forest, Amberon acquired MLP Traffic, a strong local traffic management provider in July 2019. MLP is the market leader in the East of England and around London. MLP Traffic, based in Garboldisham (Norfolk), has successfully built a strong market position offering the full spectrum of TM services across 4 depots. Over the past 18 months the business has moved into the provision of high-speed TM services, in particular to the enhancement schemes on the SRN. The business operates c.190 TM vehicles, c1,200 traffic lights and a range of other specialist TM equipment.

Speaking of the news, Terry Musson, Managing Director of Amberon Group, said: “We are delighted to announce the common ownership of Amberon and Forest Traffic Services. The two companies share many values and goals, and by working together we will be able to create a business that can provide customers with an enhanced service and the ability to deliver projects nationwide.”

Ross Williams, Managing Director of Forest Traffic Services, commented: “The combination of the two businesses will be a positive for all, as we are able to strengthen our proposition to our customers and expand our services across the UK. Together we will be able to provide best in class services across the country and be able to access exciting new opportunities.”

For further information of Amberon, please visit www.amberontm.com and for more information on Forest please visit www.forestsupportservices.co.uk.

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