Lighthouse Advisory Partners, a leading M&A and strategy advisory firm, is pleased to announce its role as the exclusive buy-side advisor to Causeway Technologies in its recent acquisition of Buchanan Computing. The acquisition, which was completed on Wednesday 30 October, 2024, further solidifies Causeway’s position as a digital leader in the construction, maintenance, and traffic management industries.
Based in Cambridge, United Kingdom, Lighthouse Advisory Partners provided expert guidance and support to Causeway Technologies in their acquisition of Buchanan Computing, a top provider of permanent traffic engineering and highways management solutions. Buchanan Computing’s flagship product, ParkMap, is currently utilized by over 90 UK local authorities for efficient management of Traffic Regulation Orders (TROs).
The acquisition of Buchanan Computing aligns with Causeway’s vision of digitalizing construction, maintenance, and traffic management processes by integrating their one.network platform with Buchanan’s ParkMap. This will create the UK’s first unified platform for Digital Traffic Regulation Orders (D-TROs).
In addition to ParkMap, Buchanan Computing’s industry-leading products SignPlot and SignLoad will also be integrated into Causeway’s suite of solutions. SignLoad, a software for designing sign structures, will be integrated with Causeway’s Professional Design Suite (PDS) to create a comprehensive solution that will revolutionize infrastructure design productivity for local authorities, consultants, and sign manufacturers. This will help minimize costs while ensuring accurate and compliant traffic sign and sign structure designs.
This marks the fifth strategic acquisition for Causeway Technologies since Five Arrows made a significant investment in the company in 2021. Phil Brown, Chief Executive of Causeway, expressed his enthusiasm for the acquisition, stating, “The acquisition of Buchanan Computing reinforces our commitment to delivering a fully integrated, end-to-end solution for Highways Authorities and Contractors, enabling them to seamlessly plan, monitor, and communicate the management and maintenance of their infrastructure assets while ensuring full compliance with legislation.”
He continued, “By bringing our vision to life, we empower local authorities to operate more efficiently, maximizing their limited budget and resources. This not only improves the level of service but also benefits the public with better-maintained infrastructure and more timely, accurate information about the road network, reducing congestion, journey times, and carbon emissions.”
Lighthouse Advisory Partners also expressed their excitement for the successful completion of the acquisition. Mat Truche-Gordon, partner at Lighthouse, said, “We are delighted to have acted as lead advisor to Causeway Technologies on the acquisition of Buchanan Computing. We’ve had the pleasure of working with Causeway on four transactions since Five Arrows’ investment. Lighthouse is thrilled to support Causeway in quickly establishing itself as the leader in digital transformation in the UK’s infrastructure sector.”
He added, “2024 has been a strong year for Lighthouse, with the successful completion of three technology transactions and support for several deals with commercial due diligence. This experience uniquely positions us to help our clients navigate complex strategic opportunities.”
Lighthouse Advisory Partners is a specialist M&A and strategy advisory firm dedicated to providing expert guidance to businesses in the technology sector. With deep industry knowledge and a commitment to delivering successful outcomes, Lighthouse has established a strong track record of supporting clients through complex transactions, including mergers, acquisitions, and strategic growth initiatives. Their expertise in both buy-side and sell-side advisory and commercial due diligence enables them to deliver tailored, value-driven solutions that help clients achieve their strategic goals.
Causeway Technologies, founded in 1999 by chief executive Phil Brown, is headquartered in Buckinghamshire, UK. It serves over 3,000 customers globally with over 500 employees dedicated to providing enterprise and cloud software solutions to support the digitalization of the construction and infrastructure maintenance industries. Their clients include consultants, contractors, suppliers, and their clients on an international scale.
For media inquiries, please contact:
Lighthouse Advisory Partners
Les Elby – les.elby@lighthouse-advisory.co.uk
Causeway Technologies
Simon White – simonw@lizmale.co.uk, Tel: +44 (0) 7935 703 293
Liz Male – liz@lizmale.co.uk, Tel: +44 (0) 7778 778 361
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