GreenArrow
GreenArrow is a U.S. transportation infrastructure services platform that installs and maintains traffic signals, streetlights, ITS, toll road systems, airport lighting, and weather intelligence for city, county, and state government agencies, utilities, and industrial customers, backed by Canadian PE firm CAI Capital Partners.
- Company typePrivate
- Founded1975
- HeadquartersToronto, Canada
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What GreenArrow does
GreenArrow is a U.S. transportation infrastructure and electrical services platform founded around 1975 and operated under Canadian private equity firm CAI Capital Partners. The company delivers traffic signal maintenance, streetlight maintenance, intelligent transportation systems (ITS), transportation infrastructure construction, toll road services, utility solutions, airport lighting, and weather intelligence (via the Weathernet division) to city, county, and state government agencies, airport authorities, electric utilities, and industrial/commercial customers. With 650+ employees, 200,000+ locations served, and 7,000+ traffic signals maintained across regional offices nationwide, GreenArrow operates as a turnkey services platform combining 24/7 emergency response, preventative maintenance, mobile warehousing for first-visit repair completion, and direct field engagement with public agencies.
The platform's technology stack centers on V2X/V2I connected vehicle deployment (C-V2X roadside units, J2735 SPaT/MAP messaging, emergency vehicle preemption, transit signal priority), the Weathernet weather intelligence system with 200+ environmental sensor stations and 35+ years of meteorological forecasting, AI-enhanced predictive maintenance for traffic signal components, proprietary asset inventory and service record software, and ITS cybersecurity for traffic intersections. Through the Narwhal Group acquisition (March 2026), GreenArrow added infrastructure networking and connected vehicle technology capabilities, and via HBC Company (June 2026) it expanded highway/intersection lighting and aviation lighting in the Mid-Atlantic.
GreenArrow monetizes primarily through recurring multi-year Maintenance Service Agreements (MSAs) — fixed monthly or annual fees covering 24/7 system oversight, preventative maintenance, and emergency response — supplemented by one-time construction revenue from new installations, upgrades, and large project contracts (e.g., the $315M PennDOT Girard Avenue/I-95 interchange). Distribution is exclusively direct B2B sales to government and enterprise buyers; an active M&A program funded by CAI Capital Partners is adding regional contractors and capability tuck-ins (Hinson, LIP, Earthbound Electric, James D. Hinson, Narwhal Group, HBC Company), with formal M&A and integration management leadership hired in 2026 to professionalize the roll-up.
GreenArrow firmographics
Firmographics- Name
- GreenArrow
- Legal name
- GreenArrow Holdings, Inc.
- Website
- https://greenarrow.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- GreenArrow is a U.S. transportation infrastructure services platform that installs and maintains traffic signals, streetlights, ITS, toll road systems, airport lighting, and weather intelligence for city, county, and state government agencies, utilities, and industrial customers, backed by Canadian PE firm CAI Capital Partners.
- Ownership category
- akta.pro rank
GreenArrow industry classification
Industry- Product category
- Transportation Infrastructure Services
- NAICS
- Power and Communication Line and Related Structures Construction (237130), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Electric Services (4911), Electric Lighting & Wiring Equipment (3640)
- akta.pro primary industry
- Road Lighting & Visibility Safety Systems (Street Lighting, High-Mast, LED Upgrades, Solar Beacons) (TLAJAGAD)
- akta.pro secondary industries
- Street Lighting & Area Lighting Electrical Infrastructure (IMAFAHAJ), Public Works & Municipal Infrastructure (Streets, Stormwater, Facilities) (BPAIACAF), State/Provincial Transportation, Roads & Public Works Administration (BPAIABAK), Toll Plaza / Lane Equipment & Field Systems (Gantry, Sensors, Cameras, AVC) (TLAJABAH)
Keywords
Where GreenArrow is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices13 records
Markets served
GreenArrow business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Traffic Signal Maintenance Service Agreements: Fixed monthly or annual contractual agreements delivering comprehensive system oversight, preventative maintenance, and emergency response for signalized intersections. Includes associated infrastructure such as pedestrian signals, detection systems, pre-emption equipment, and lighting.
- Transportation Infrastructure Construction: New construction, upgrades, and modifications for traffic signals, streetlights, fiber optics, and underground utilities for public agencies and general contractors.
- Specialty Electrical Services: Commercial electrical work for critical facilities including airports, cold storage, and industrial operations. Includes runway lighting, facility electrical systems, and specialized electrical infrastructure.
- Mobile Warehousing and On-Site Repair: Mobile warehouse trucks carrying inventory of commonly needed parts and diagnostic equipment, allowing technicians to complete most repairs on the first visit, reducing intersection downtime and repeat service calls.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Comprehensive MSA with preventative maintenance and 24/7 emergency response |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
GreenArrow product offering
Product offeringCore offering
GreenArrow maintains and installs transportation electrical infrastructure, including traffic signals, streetlights, intelligent transportation systems (ITS), and toll road infrastructure for public agencies. The company also delivers specialty electrical services for airports, utilities, and commercial facilities, and operates a weather intelligence division (Weathernet) providing road weather information systems and forecasting.
Product overview
GreenArrow is a transportation infrastructure and electrical services company with over 50 years of experience, operating as a platform of specialized services rather than a single product. The core platform encompasses Traffic Signal Maintenance Services, Streetlight Maintenance Services, Intelligent Transportation Systems (ITS), Transportation Infrastructure Construction, Toll Roads Services, and Utility Solutions. These core offerings are supplemented by specialty services including Specialized Transport Services (High Load Escort), Weathernet Weather Intelligence division, Airport Runway Lighting, and Commercial Electrical Services. ITS capabilities are further modularized into sub-services including ITS Design Consulting, Network Integration at the Last Mile, V2X Solutions (Vehicle-to-Everything), Fiber/Wi-Fi/5G Installation, Adaptive Traffic Signal Systems, ITS Cybersecurity, and Traffic Signal Maintenance Augmentation. The company maintains 650+ employees across offices in the United States, serving over 200,000 locations with 7,000+ traffic signals maintained. Recent acquisitions (The Narwhal Group, HBC Company, James D. Hinson Electrical Contracting, Hinson, LIP, Earthbound Electric) have expanded capabilities in connected vehicle technology, infrastructure networking, and electrical services.
Differentiator
Problem solved
Functional benefit
Brands
- Weathernet: A division of GreenArrow providing 24/7 hyper-localized meteorological forecasting and decision support services for transportation infrastructure operations.
Products and services
- Traffic Signal Maintenance Services End-to-end maintenance of traffic signals for state, county, and municipal transportation agencies, including preventive and emergency response for over 7,000 traffic signals.
- Streetlight Maintenance Services Inspection, repair, and replacement of roadway and area streetlights for public agencies, including outage response and LED retrofit programs.
- Intelligent Transportation Systems (ITS) Design, integration, installation, and maintenance of advanced ITS solutions including adaptive signals, V2X/V2I connectivity, fiber/Wi-Fi/5G networks, and ITS cybersecurity for transportation agencies.
- Transportation Infrastructure Construction Construction services for transportation infrastructure projects, including roadway electrical systems, signalization, and supporting civil-electrical installations for public owners and contractors.
- Specialized Transport Services (High Load Escort) High load escort and pilot vehicle services for oversized and overweight loads, supporting utilities, energy, and industrial customers transporting large equipment.
- Toll Roads Services Operations, maintenance, and electrical support services for toll road authorities, including tolling infrastructure maintenance and lane systems support.
- Weathernet Weather Intelligence Road Weather Information Systems (RWIS), forecasting, and weather-related maintenance decision support delivered to transportation agencies for winter and severe-weather operations.
- Utility Solutions Electrical construction, maintenance, and mobile warehousing services for investor-owned utilities, cooperatives, and municipal utility customers.
- Airport Runway Lighting Services Installation, maintenance, and inspection of runway and taxiway lighting systems for airport authorities and aviation operators.
- Commercial Electrical Services Commercial electrical construction and maintenance for general contractors, developers, and industrial facility operators.
Quantifiable outcome
- 90%+ repairs completed on first visit through mobile warehouse trucks
- +5 more outcomes
Companies that use GreenArrow
Customer profileNamed customers18 records
Segments5 records
Ideal customer profiles4 records
GreenArrow technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
GreenArrow partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- TransCorecoreLong-term partnership with TransCore for California toll road maintenance supporting electronic tolling, intelligent traffic management, and ITS technologies in the San Francisco Bay Area. GreenArrow field crews provide 24/7 preventive maintenance and emergency response for sensors, CCTV, fiber optic networks, and wireless devices.
- Utah Department of Transportation (UDOT)coreMajor hands-on partner in UDOT's Connecting the West V2X initiative - a federally-backed multi-state Vehicle-to-Everything and Vehicle-to-Infrastructure project spanning Utah, Wyoming, and Colorado. GreenArrow executes roadside and in-vehicle deployments including 500+ intersection RSUs and 225+ highway RSUs.
- Pennsylvania Department of Transportation (PennDOT)coreOver a decade-long partnership delivering essential support services to the 511PA program including data management, technology development, operations, traffic camera installation, ITS device networking, and software integration for the state's official travel information service.
- ComEd (Commonwealth Edison)minorUtility provider partnership for Omni Materials Chicago distribution facility project. ComEd provided new electrical service and infrastructure for the 3,000-amp silo expansion project.
- Pacific Gas and Electric (PG&E)minorPartnership for NVTA EV bus charging station project. PG&E provided transformer pads and service infrastructure for electric vehicle charging installations.
Scale indicators21 records
Recent moves7 records
Expansion highlights6 records
GreenArrow competitors and assessment
Company assessmentDirect peers
- Aldridge Electric: Midwest-based electrical and transportation infrastructure contractor specializing in traffic signal installation, streetlighting, ITS, and utility power for public agencies. Closely comparable to GreenArrow's core traffic signal maintenance and streetlight service lines.
- Sturgeon Electric (MYR Group subsidiary): Specialty electrical contractor delivering traffic signal, street lighting, ITS, and utility infrastructure services across the Western US. Directly comparable in service mix and government agency customer base.
- RoadSafe Traffic Systems: National provider of traffic control, pavement markings, and roadway safety infrastructure services. Comparable in serving state DOTs and municipalities on transportation infrastructure maintenance and construction.
Broad incumbents
- MasTec: Large public infrastructure services platform with significant traffic signal, streetlighting, ITS, and utility communications work. Competes for the same large public-agency procurements but across a far broader portfolio (oil & gas, power delivery, communications).
- Quanta Services: Largest pure-play utility and infrastructure services firm in North America, with growing exposure to communications, smart grid, and transportation infrastructure. Provides scale capital that GreenArrow does not match on mega-projects.
- MYR Group: Public holding company for Sturgeon Electric and other specialty electrical contractors serving transportation, utility, and commercial customers. Overlaps GreenArrow's traffic signal, street lighting, and ITS construction work as part of a broader electrical contracting portfolio.
- Parsons Corporation: Engineering and infrastructure firm with a sizable Intelligent Transportation Systems practice, including design, integration, and operations for state DOTs. Competes for ITS program contracts that GreenArrow delivers and maintains.
- ADB Safegate: Global leader in airfield lighting and airport ground lighting systems. Overlaps with GreenArrow's airport runway lighting services for airports like G.O. Carlson and Santa Maria Public Airport.
- Cubic Corporation (Cubic Transportation Systems): Provider of tolling, traffic management, and transportation technology solutions, including partnerships with agencies like TransCore. Competes for the toll-road and ITS integration projects adjacent to GreenArrow's toll roads services line.
Emerging players
- Iteris: Specialist in smart mobility, traffic management, and ITS software and sensor solutions. Comparable in the V2X, adaptive signal, and connected-vehicle technology layer that GreenArrow is expanding into via The Narwhal Group acquisition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights6 records
Customer concentration
GreenArrow social profiles
Digital presenceGreenArrow financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenArrow leadership team
Management profileNumber of profiles
Profiles6 records
GreenArrow subsidiaries and ownership
Company hierarchySubsidiaries6 records
GreenArrow funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenArrow M&A and investment
M&A and investmentM&A7 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenArrow
What does GreenArrow do?
GreenArrow maintains and installs transportation electrical infrastructure, including traffic signals, streetlights, intelligent transportation systems (ITS), and toll road infrastructure for public agencies. The company also delivers specialty electrical services for airports, utilities, and commercial facilities, and operates a weather intelligence division (Weathernet) providing road weather information systems and forecasting.
Is GreenArrow a public or private company?
GreenArrow is a private company. It is classified as private equity controlled and is currently operating.
When was GreenArrow founded?
GreenArrow was founded in 1975. It employs 501 to 1,000 people.
Where is GreenArrow based?
GreenArrow is headquartered in Toronto, Canada, in the North America region.
How does GreenArrow make money?
Four revenue lines are on record. Traffic Signal Maintenance Service Agreements are the primary driver. The others are transportation Infrastructure Construction, specialty Electrical Services and mobile Warehousing and On-Site Repair.
Who are GreenArrow's main competitors?
Direct peers on record are Aldridge Electric, Sturgeon Electric (MYR Group subsidiary) and RoadSafe Traffic Systems. Broad incumbents are MasTec, Quanta Services, MYR Group, Parsons Corporation, ADB Safegate and Cubic Corporation (Cubic Transportation Systems). Iteris is listed as an emerging player.
Does GreenArrow have an API?
No public API is recorded for GreenArrow.
What industry is GreenArrow in?
GreenArrow's product category is Transportation Infrastructure Services. Its primary akta.pro industry code is TLAJAGAD, Road Lighting & Visibility Safety Systems (Street Lighting, High-Mast, LED Upgrades, Solar Beacons), with a secondary code of IMAFAHAJ, Street Lighting & Area Lighting Electrical Infrastructure. Its NAICS code is 237130 and its SIC code is 1623.