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Triton-owned AVS Verkehrssicherung purchases traffic safety services provider

Triton-backed AVS Verkehrssicherung GmbH bought fellow traffic safety services provider Verkehrssicherungen Plank GmbH for an undisclosed amount.

The deal will bolster AVS Verkehrssicherung's presence in Germany and its core regions.

AVS Verkehrssicherung is backed by Triton Fund IV, a fund managed by private equity firm Triton that capitalizes medium-sized European enterprises in the industrial, business services and consumer and health sectors.