Denver, CO – February 16, 2023 – Lumin8 Transportation Technologies (“Lumin8”), a portfolio company of Crest Rock Partners, today announced that it has acquired Lightspeed Integrated Communications (“Lightspeed”), a Castle Rock, Colorado-based provider of fiber optic infrastructure and services related to interstate and traffic signal networks. The acquisition of Lightspeed expands service offerings for Lumin8 customers across the US.
Lightspeed has built a sterling reputation throughout the Rocky Mountains for being a dependable partner to dozens of departments of transportation and municipalities. “We are thrilled to join the Lumin8 family. Lumin8 cares deeply about its employees, customers, and partners, and joining forces was the right next step when we thought about what was best for each one of our constituents,” said Jimmy Vincze, CEO of Lightspeed. “The combination with Lumin8 will allow our expertise and brand to reach across the US and provide meaningful new growth avenues.”
Lumin8 plans to leverage Lightspeed’s expertise to expand its intelligent transportation systems (“ITS”) infrastructure installation and maintenance work to further service clients and provide a one-stop shop for all ITS required activities. “Through the acquisition of Lightspeed, we are excited to bring fiber optic installation, splicing, testing, and maintenance capabilities to the growing suite of ITS services we provide to our customers in the Rocky Mountains and across the US,” said Chuck Stein, CEO of Lumin8. The acquisition of Lightspeed also allows Lumin8 to participate in broadband projects set to commence in many states across the US as part of new infrastructure bills.
The acquisition of Lightspeed is part of a broader rollup strategy that Lumin8 first embarked upon in partnership with Crest Rock. Together with Crest Rock, Lumin8 continues to execute on its strategic vision and broaden its service offerings for departments of transportation around the US.
About Lightspeed Integrated Communications
Founded by Slavica Vincze in 2001, Lightspeed Integrated Communications LLC is a fiber optic infrastructure service provider specializing in fiber installation for interstate and traffic signals networks. Based in Castle Rock, Colorado, Lightspeed serves departments of transportation and municipalities across the Rocky Mountains.
About Lumin8 Transportation Technologies
Lumin8 Transportation Technologies is a provider of services and technology relating to traffic and intelligent transportation systems. Headquartered in Arvada, Colorado, with offices across the United States, Lumin8 has over 300 employees and serves customers throughout the mountain west and the eastern United States, including large government entities & agencies and national contractors. For more information, please visit www.lumin8.com.
About Crest Rock Partners
Crest Rock Partners is a Denver-based private equity firm focused on the lower middle market. Founded in 2019, the firm seeks investment opportunities where it can leverage its principals’ extensive operating and investing experience to help companies execute their strategic initiatives. Through the team’s completion of over 55 acquisitions, divestitures, mergers, and integrations, Crest Rock has developed a differentiated investment process and partnership approach, working with management, founders, and other shareholders to establish alignment and achieve mutual objectives. Crest Rock targets control investments across multiple industry verticals, including software, technology, IT services, tech-enabled business services, and manufacturing with enterprise values ranging from $15 million to $150 million. For more information about Crest Rock, please visit www.crestrockpartners.com.