Bahrain’s Investcorp to acquire RoadSafe Traffic Systems

Bahrain’s Investcorp to acquire RoadSafe Traffic Systems

Bahrain-based Investcorp, a global leader in alternative investment products, and Trilantic North America, a leading private equity firm, have agreed to acquire RoadSafe Traffic Systems from Orix Capital Partners.Terms of the transaction were not disclosed.Headquartered in Chicago in the US state of Illinois, RoadSafe is the nation's largest provider of traffic control and pavement marking services to roadway construction, state transportation, railroad and utility customers in the US.RoadSafe also distributes high quality, innovative and durable traffic safety products and personal protective equipment for traffic work zones. The company operates from more than 50 locations with over 1,600 employees, enabling it to service all 48 continental states.RoadSafe is led by CEO Dave Meirick, an industry veteran of over 34 years, who will continue to lead the firm following the transaction. The company has become a market leader and delivered consistent growth by providing exceptional services that solve mission-critical challenges, like maintaining worker safety while upgrading the nation's critical infrastructure and facilitating pavement marking for the next generation of vehicles.Investcorp and Trilantic North America's partnership with RoadSafe will focus on continuing the firm's organic growth through expanding geographically across the U.S. and seeking to complete strategic, value-creating add-on acquisitions.Yusef Al Yusef, managing