Investcorp and Trilantic North America to Acquire RoadSafe Traffic Systems | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

  • Date: 14-Apr-2021
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Economy
  • Country:Bahrain
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Investcorp and Trilantic North America to Acquire RoadSafe Traffic Systems | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Investcorp and Trilantic North America, a leading, growth-focused middle-market private equity firm, yesterday agreeing to acquire RoadSafe Traffic Systems (“RoadSafe”) from ORIX Capital Partners. Terms of the transaction were not disclosed.

Headquartered in Chicago, 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.

Investcorp and Trilantic North America's partnership with RoadSafe will focus