Transactions
April 6 2026
KippsDeSanto & Co. Advises MS2 on sale to TAPCO
KippsDeSanto & Co. is pleased to announce the sale of its client, Midwestern Software Solutions, LLC (“MS2”), to Traffic and Parking Control Co., LLC (“TAPCO”), a portfolio company of Peak Rock Capital.
Founded in 2003 and based in Ann Arbor, Michigan, MS2 has established itself as the premier provider of traffic count data and analytics software. The Company’s cloud-based solutions are relied upon by more than 250 public sector agencies, including more than half of the United States State Departments of Transportation (DOTs).
MS2’s modular software platform enables transportation agencies to collect, manage, analyze, and visualize traffic data for mission-critical road safety planning, operations, and maintenance.
By joining forces, TAPCO and MS2 will create one of the most comprehensive Intelligent Transportation Systems (ITS) devices and data platforms in North America to enhance traffic safety. The combined platform will offer customers an integrated, “single pane of glass” solution spanning traffic safety devices, real-time monitoring, and transportation data intelligence.
TAPCO will continue to serve its customers with a differentiated, vertically integrated delivery model that includes in-house manufacturing, distribution, software, and value-add services while creating one of the largest connected platforms to capture and deliver critical traffic data.
This transaction highlights several key trends in the software and intelligent transportation mergers and acquisitions (M&A) market:
- Growing demand for integrated platforms that combine physical devices with sophisticated data analytics to provide a holistic view of roadway health to drive predictive modeling for vehicle and pedestrian safety
- Increased focus on traffic safety, planning, and management is driving investment in cloud-based software solutions that help government agencies optimize their resources to make data-driven decisions for evolving transportation infrastructure and safety requirements
- Continued momentum in government technology solutions (GovTech) and transportation software M&A activity, especially from private equity-backed platforms seeking to consolidate fragmented markets and offer end-to-end solutions
About KippsDeSanto & Co.
KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency
KippsDeSanto & Co. is pleased to announce the sale of its client, Midwestern Software Solutions, LLC (“MS2”), to Traffic and Parking Control Co., LLC (“TAPCO”), a portfolio company of Peak Rock Capital.
Founded in 2003 and based in Ann Arbor, Michigan, MS2 has established itself as the premier provider of traffic count data and analytics software. The Company’s cloud-based solutions are relied upon by more than 250 public sector agencies, including more than half of the United States State Departments of Transportation (DOTs).
MS2’s modular software platform enables transportation agencies to collect, manage, analyze, and visualize traffic data for mission-critical road safety planning, operations, and maintenance.
By joining forces, TAPCO and MS2 will create one of the most comprehensive Intelligent Transportation Systems (ITS) devices and data platforms in North America to enhance traffic safety. The combined platform will offer customers an integrated, “single pane of glass” solution spanning traffic safety devices, real-time monitoring, and transportation data intelligence.
TAPCO will continue to serve its customers with a differentiated, vertically integrated delivery model that includes in-house manufacturing, distribution, software, and value-add services while creating one of the largest connected platforms to capture and deliver critical traffic data.
This transaction highlights several key trends in the software and intelligent transportation mergers and acquisitions (M&A) market:
- Growing demand for integrated platforms that combine physical devices with sophisticated data analytics to provide a holistic view of roadway health to drive predictive modeling for vehicle and pedestrian safety
- Increased focus on traffic safety, planning, and management is driving investment in cloud-based software solutions that help government agencies optimize their resources to make data-driven decisions for evolving transportation infrastructure and safety requirements
- Continued momentum in government technology solutions (GovTech) and transportation software M&A activity, especially from private equity-backed platforms seeking to consolidate fragmented markets and offer end-to-end solutions
About KippsDeSanto & Co.
KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace & Defense, Government Technology Solutions, and Enterprise Technology companies. We are focused on delivering exceptional M&A and financing transaction results to our clients via leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised on more than 250 industry transactions, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com
Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency
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