Trafficade Service Companies has sold its Traffic Safety divisions to Area Wide Protective (a portfolio company of Kohlberg & Co.)

Client – Trafficade Service Companies

Trafficade

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

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

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Closely-Held
Counterparty Type
PE-Backed Strategic
Headquarters
Phoenix, AZ

Deal Team

Managing Director

Paul Jevnick

Director

Chris Klotsche