Sep 2024 | Florida

Florida Temporary Traffic Control (Florida TTC) Acquired by Flagger Force, a portfolio company of Blue Sea Capital

We are pleased to announce the sale of our client, Florida Temporary Traffic Control (Florida TTC) to Flagger Force. The acquisition closed September 4, 2024.

Located in Boca Raton, Florida, Florida Temporary Traffic Control (Florida TTC), is a provider of short-term traffic control services and equipment rentals to public utilities and telecommunications providers. With a mission to ensure safety and excellence at every job site, Florida TTC is committed to delivering cost-effective solutions while maintaining a focus on innovation, teamwork, and leadership in the MOT (Maintenance of Traffic) industry. Their vision is to be the top professional and technologically advanced company in the field.

“We are thrilled to join the Flagger Force team,” said Joseph Marsal, Founder and President of Florida TTC. “When I first met Flagger Force, I knew this acquisition was the right fit for our organization, enabling Florida TTC to better support our customers’ needs and provide growth opportunities for our employees through enhanced technology for training and job fulfillment.”

Flagger Force, a Blue Sea Capital portfolio company, is a safety-driven leader in short-term traffic control, headquartered in Hummelstown, Pennsylvania, with operations spanning the eastern United States. Their crew-centric model enables the establishment of secure work zones, supported by a dedicated team of 2,000 full-time professionals. Leveraging best-in-class resources and expertise, Flagger Force has consistently expanded its service capacity to meet the growing needs of the nation’s utilities, telecommunications, and infrastructure sectors.

Blue Sea Capital, based in West Palm Beach, Florida, is a private equity firm managing over $1.4 billion in assets. The firm focuses on growth-oriented lower middle market companies valued up to $300 million, investing in aerospace & defense, healthcare, and industrial growth sectors. Blue Sea Capital partners with talented leaders and companies, often as their first or second institutional investor, providing strategic and operational value to drive growth, industry leadership, and business transformation.

“We are delighted to add Florida TTC to the Flagger Force family,” said Mike Doner, Founder and CEO of Flagger Force. “This acquisition will accelerate Flagger Force’s growth in the Florida market, and we are excited to partner with Joseph Marsal and his employees to continue to expand our offerings in the state.”

Mitch Ulman, Vice President at Blue Sea Capital, added “We saw in Florida TTC a similar commitment to keeping our communities moving safely. We are pleased to add Florida TTC to the Flagger Force platform, expanding our Florida presence and positioning the Company for continued growth in the years ahead.”

Generational Group Executive Managing Director of M&A – Eastern Region, David Fergusson, and his team, led by Senior Managing Director, M&A, Terry Mackin, with the support of Senior Vice President, M&A, Tristan Keeffe, closed the deal. Executive Managing Director, Ed Weber established the initial relationship with Florida Temporary Traffic Control (Florida TTC).

Ryan Binkley, CEO of Generational Group, added, “This transaction highlights our commitment to facilitating deals that create lasting value for both parties. At Generational Group, we are proud to have played a role in bringing together two organizations poised for continued success.”


If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Business & Financial Services page.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Transportation & Distribution page.

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