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Grovecourt‑Backed Traffic Firm Swallows Jacksonville Engineer

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Florida‑based Traffic & Mobility Consultants, backed by Grovecourt Capital Partners, has completed the acquisition of Jacksonville firm Chindalur Traffic Solutions. The deal folds CTSi’s Northeast Florida client roster—public agencies and private developers—into a larger platform. Founder Raj Chindalur will stay on in a senior leadership role, ensuring continuity for existing projects. The purchase also brings CTSi’s proprietary signal‑timing software into the combined service suite.

By adding CTSi’s 2014‑origin expertise in traffic engineering, the combined firm now commands a broader service footprint across Northeast Florida. Consolidation mirrors a regional trend where engineering boutiques merge to achieve scale and win larger municipal contracts. Investors see the move as a way to leverage Grovecourt’s capital to accelerate growth without diluting client relationships and strengthen its competitive edge.

The transaction expands the firm’s engineering bandwidth, positioning it to bid on multi‑million‑dollar infrastructure projects that require integrated planning and design. Existing clients gain access to a deeper talent pool, while the combined entity can negotiate better terms with suppliers. The expanded team adds simulation engineers, boosting capacity for complex corridor studies.