Bahrain’s Investcorp to acquire biggest traffic control services firm in US

By Shilpa Annie Joseph, Official Reporter
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Bahrain-based global asset manager company Investcorp is acquiring RoadSafe Traffic Systems (“RoadSafe”) from ORIX Capital Partners, in alliance with leading, a growth-focused middle-market private equity firm, Trilantic North America.

Headquartered in Chicago, RoadSafe is the nation’s largest traffic control services company. The firm’s services are used by roadway construction, state transportation, railroad, and utility customers in the US. The company operates from more than 50 locations with over 1,600 employees, enabling it to service all 48 continental states.

The value of the deal was not disclosed yet. Investcorp and Trilantic North America’s alliance with RoadSafe will concentrate on the company’s organic growth by expanding geographically across the United States and pursuing strategic, value-creating add-on acquisitions.

Yusef Al Yusef
Yusef Al Yusef
Managing Partner
Investcorp Private Wealth

“In light of macroeconomic tailwinds in infrastructure, RoadSafe is very well-positioned for future growth. Overall spend in the infrastructure and utility subsectors has consistently grown for the past 20-30 years and it’s expected to continue to increase given the new administration’s commitment to repairing the country’s outdated systems. We look forward to leveraging our expertise and resources, alongside our partners at Trilantic North America, to support RoadSafe as it seeks to continue to enhance its competitive position.”

Mr. Charles Fleischmann, Partner at Trilantic North America said, “Dave and the RoadSafe team have done a tremendous job of growing the company into the leading national player in this essential and underinvested segment of the infrastructure market. Private capital will play a crucial role in rebuilding and modernizing U.S. infrastructure and we are thrilled to partner with the RoadSafe and Investcorp teams to strengthen this entrepreneurial business’ leadership position in a highly fragmented industry.”

“We are excited to embark on this next chapter of our business with the support of Investcorp and Trilantic North America. Their resources, expertise, and track record will enable us to continue executing our growth strategy and better serve our clients. We look forward to the long-term benefits this partnership will unlock for our team, clients, and communities,” stated Mr. Dave Meirick, CEO of RoadSafe.

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