Lighthouse Advisory Partners is excited to announce its role as the exclusive buy-side M&A advisor for Causeway Technologies in its recent acquisition of Buchanan Computing, a prominent provider of advanced traffic engineering and highways management solutions. With its flagship product, ParkMap, Buchanan Computing is currently employed by over 90 local authorities across the UK, effectively managing the entire lifecycle of Traffic Regulation Orders (TROs) and enhancing the efficiency of traffic management systems.
Advancing Digital Transformation in Traffic Management
This acquisition is a significant advancement in Causeway’s commitment to digitalising construction, maintenance, and traffic management processes. By integrating Causeway one.network with Buchanan’s ParkMap, the partnership aims to create the UK’s first unified platform for Digital Traffic Regulation Orders (D-TROs). This innovative integration is expected to streamline operations for local authorities and contractors, improving their ability to manage traffic regulations and infrastructure maintenance in real-time.
The acquisition will also enhance Causeway’s product offerings by incorporating Buchanan’s industry-leading solutions, SignPlot and SignLoad. SignLoad, specifically designed for the effective design of sign structures, will seamlessly integrate with Causeway’s Professional Design Suite (PDS). This combined capability is poised to transform infrastructure design productivity for local authorities, consultants, and sign manufacturers, ensuring that traffic sign and structure designs are both cost-effective and accurate.
Causeway’s Commitment to Comprehensive Solutions
The acquisition of Buchanan Computing marks Causeway’s fifth strategic acquisition since the significant investment by Five Arrows in 2021. This move underscores Causeway’s unwavering commitment to delivering a comprehensive suite of solutions tailored to the needs of highways authorities and contractors. Phil Brown, Chief Executive of Causeway, remarked:
“The addition of Buchanan Computing is a pivotal step in our journey towards offering a fully integrated, end-to-end solution for our clients. This acquisition enables local authorities to plan, monitor, and manage their infrastructure assets seamlessly while ensuring full compliance with all applicable legislation. By bringing our vision to life, we empower local authorities to operate more efficiently, maximising their limited budgets and resources. This improvement in service delivery will not only enhance the quality of infrastructure maintenance but also provide the public with timely and accurate information about the road network. The result is a significant reduction in congestion, improved journey times, and decreased carbon emissions.”
Strengthening Partnerships in the Infrastructure Sector
Mat Truche-Gordon, partner at Lighthouse Advisory Partners, expressed enthusiasm about guiding this crucial acquisition:
“We are delighted to have served as lead advisor to Causeway Technologies during their acquisition of Buchanan Computing. This partnership has flourished through four successful transactions since Five Arrows’ investment, and we look forward to continuing our support as Causeway establishes itself as a leader in the digital transformation of the UK’s infrastructure sector.”
Lighthouse’s Ongoing Success
Looking ahead, 2024 is poised to be an exceptional year for Lighthouse Advisory Partners. The firm has successfully completed three technology transactions and has actively supported various deals involving commercial due diligence. This wealth of experience uniquely positions Lighthouse to assist clients in navigating complex strategic opportunities, ensuring successful outcomes in an ever-evolving market landscape.
As the infrastructure sector embraces digital transformation, Lighthouse remains committed to empowering its clients with the tools and insights necessary to thrive in this dynamic environment
