Investcorp and PE firm Trilantic back US road safety products provider RoadSafe

Investcorp and PE firm Trilantic back US road safety products provider RoadSafe

Bahrain-based alternative asset manager Investcorp and private equity firm Trilantic Capital Partners are acquiring RoadSafe Traffic Systems, a US-based traffic safety products provider from Orix Capital Partners.

The pair will focus on accelerating RoadSafe's organic growth by expanding geographically across the US and will also seek acquisitions to expand operations, Investcorp said in a statement. Financial details of the deal were not disclosed.

“RoadSafe operates in a market that is highly fragmented and ripe for consolidation,” Tarek Al Mahjoub, head of UAE and Oman for Investcorp's Private Wealth business, said. “Its competitive advantage includes its diverse range of offerings … [and] together with Trilantic,