Announced

ORIX-backed RoadSafe Traffic Systems to acquire A Cone Zone.

Synopsis

ORIX-backed RoadSafeTraffic Systems, a provider of traffic control and pavement marking services, agreed to acquire A Cone Zone, a provider of high-quality traffic management equipment and services. Financial terms were not disclosed. “Having served the California market for nearly twenty years, partnering with A Cone Zone is a milestone for RoadSafe in our efforts to establish a more robust presence in California. A Cone Zone is a best-in-class provider in the region that has built a strong reputation for having a highly talented staff and delivering quality service,” David Meirick, RoadSafe CEO.

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