CAI Capital-backed GreenArrow acquires three transportation tech firms

  • Headquartered in Salt Lake City, Utah, The Narwhal Group is a provider of transportation products and services
  • Operating out of Lodi, New Jersey, HBC is a provider of electrical services for highway and intersection lighting, intelligent transportation systems, and aviation lighting
  • Based in Carlisle, Pennsylvania, ATS specializes in the installation and maintenance of traffic signals, streetlights, and intelligent transportation systems

GreenArrow, which is backed by CAI Capital Partners, has acquired three transportation tech firms, The Narwhal Group, HBC Company and Atlantic Transportation Systems.

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