RoadSafe Traffic Systems, Inc. Acquires Pavement Marking Division of DeAngelo Contracting
01 May 2024 - 2:00AM
Business Wire
RoadSafe Traffic Systems, Inc. (RoadSafe), a leading provider of
infrastructure services, announced today the acquisition of
DeAngelo Contracting Services’ (DCS) pavement marking division (DCS
Pavement Marking).
For more than two decades, DCS Pavement Marking has supported
public works and commercial contracting projects in Delaware and
Pennsylvania. This transaction will enable RoadSafe to strengthen
its nationwide leadership in pavement marking services by expanding
its offerings. This is RoadSafe’s thirteenth acquisition since
entering into a strategic partnership with private equity firms
Investcorp and Trilantic North America in 2021.
“We are proud to announce our strategic partnership with DCS
Pavement Marking,” said Kevin O’Meara, CEO of RoadSafe.
“Incorporating the company’s pavement marking services with our
existing traffic control and safety products operations in the
region will allow us to provide our Northeastern customers with
complete and comprehensive service offerings.”
“We are very excited that RoadSafe – a market leader focused on
the safety of the traveling public – will be the new home for our
pavement marking division,” said Paul DeAngelo, CEO of DCS.
“RoadSafe is in a great position to support the future success of
that division’s employees and customers.”
About RoadSafe Traffic Systems, Inc.
RoadSafe is one of the nation’s largest providers of
infrastructure safety services and products. The company’s
offerings include traffic control, pavement markings, sign
manufacturing and installation, and distribution of innovative
traffic safety products. RoadSafe’s customers include heavy highway
contractors, state transportation departments, municipal
governments, special events organizations, U.S. railroads and
utility companies. For more information, visit
www.roadsafetraffic.com.
About Trilantic North America
Trilantic Capital Management L.P. ("Trilantic North America") is
a growth-focused middle market private equity firm focused on
control and significant minority investments in North America.
Trilantic North America's primary investment focus is in the
business services and consumer sectors. Since inception, Trilantic
North America has managed or is currently managing seven private
equity fund families with aggregate capital commitments of
$10.9B.
For more information, visit www.trilanticnorthamerica.com.
About Investcorp
Investcorp is a global investment manager, specializing in
alternative investments across real estate, private equity, credit,
absolute return strategies, GP stakes, infrastructure, and
insurance asset management. Since inception in 1982, Investcorp has
focused on generating attractive returns for its clients, while
creating long-term value in its portfolio companies by adopting a
disciplined investment process, employing talented professionals,
and utilizing the resources of a global institution with an
innovative approach.
The firm invests capital in our products and strategies,
ensuring that interests are aligned with investors and stakeholders
in pursuit of sustainable value creation through its investments
and in the communities in which it operates. The firm takes pride
in partnering with clients to deliver tailored solutions for their
needs.
Today, Investcorp manages $50 billion in assets, including
assets managed by third party managers. Investcorp has 14 offices
in the US, Europe, GCC and Asia, including, India, China, Japan and
Singapore and employs approximately 500 people from 50
nationalities globally.
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Prosek Partners Pro-RoadSafe@prosek.com