Liberty Ridge Advisors Advises Idax Data Solutions on Sale to Helix Traffic Solutions
FOR IMMEDIATE RELEASE
PORTLAND, OR — September 18th, 2025— Liberty Ridge Advisors, a boutique M&A advisory firm serving founder-led and family-owned businesses, is pleased to announce that it served as the exclusive financial advisor to Idax Data Solutions (IDAX) in its sale to Helix Traffic Solutions (Helix), a leading provider of traffic control, work-zone management, and infrastructure services across the United States. Helix has acquired IDAX in a strategic move to strengthen Helix’s offerings in transportation analytics and traffic data services.
Founded in 2013 and headquartered in Renton, Washington, IDAX is a multimodal transportation data and analytics provider specializing in turning movement counts, travel time metrics, origin-destination studies, and related services for public agencies and private clients. IDAX has earned a reputation for delivering accurate, reliable, and cost-effective data to support smarter infrastructure planning and mobility decisions.
Helix Traffic Solutions, headquartered in Murfreesboro, Tennessee, is dedicated to protecting lives through best-in-class traffic safety and infrastructure offerings. Its services include traffic control plan design, equipment rental and sales, signage, guardrails, pavement markings, and intelligent transportation systems.
Strategic Rationale
The acquisition enhances Helix’s service offering by integrating IDAX’s data-collection and analytics capabilities, enabling more holistic solutions for municipal, state, and private sector clients. Together, the companies will deliver end-to-end traffic management and data-driven insights to improve roadway safety, mobility, and planning.
Leadership Commentary
“Liberty Ridge Advisors is proud to have supported Scott Lee and the IDAX team throughout this transaction,” said Michael Bennett, Managing Partner at Liberty Ridge Advisors. “IDAX has built a strong reputation in the transportation data sector, and we are confident that the partnership with Helix will accelerate growth and provide expanded opportunities for clients and employees alike.”
“We are excited to join the Helix family,” said Scott Lee, CEO of IDAX. “Their national footprint and commitment to innovation align perfectly with our mission of delivering accurate and actionable transportation data. Liberty Ridge Advisors was instrumental in guiding us through the process, ensuring we found the right partner to continue our growth journey.”
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About Helix Traffic Solutions
Helix Traffic Solutions is a leading provider of intelligent transportation systems, traffic control hardware and software, and mobility analytics. The company serves government agencies, municipalities, and private enterprise clients across the country, with a mission to improve safety, efficiency, and sustainability in transportation networks. Visit Helix online at helixtraffic.com.
About Innovative Data Solutions (IDAX)
Innovative Data Solutions is a pioneering data analytics firm focused on traffic modeling, predictive algorithms, and real-time network performance measurement. Its tools help clients better anticipate congestion, optimize route planning, and respond quickly to incidents. Visit IDAX online at idaxdata.com.
About Liberty Ridge Advisors
Liberty Ridge Advisors is a boutique investment banking firm based in Seattle, Washington, specializing in middle-market M&A, corporate finance, and strategic advisory services. The firm serves as a trusted advisor to companies across technology, industrials, and services sectors. Visit Liberty Ridge online at libertyra.com.
For more information about this transaction, please contact the Liberty Ridge Advisors deal team:
Michael Bennett Leif Johnson
Managing Partner Managing Partner
mbennett@libertyra.com ljohnson@libertyra.com
Investment Banking Services and Securities offered through Independent Investment Bankers Corp. a broker-dealer, Member FINRA/SIPC. Liberty Ridge Advisors, LLC is not affiliated with Independent Investment Bankers Corp