Trafficade Service Companies has sold its Traffic Safety divisions to Area Wide Protective (a portfolio company of Kohlberg & Co.)
Client – Trafficade Service Companies
Provide complete traffic control solutions, including traffic control planning, traffic control equipment rental and service, sign manufacturing and installation, flagging services and safety product sales.
Counterparty – Area Wide Protective
North America’s leading provider of professional traffic management and protection services.
AWP is a highly experienced acquirer owned by a major private equity firm, so I am particularly happy to have had Northborne Partners in my corner for this once-in-a-lifetime transaction. Paul Jevnick and Chris Klotsche proved to be invaluable partners throughout the negotiation and due diligence processes. True professionals, they had my back all the way, and I am very pleased with the result.Jeff Johnson Chief Executive Officer of Trafficade