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Announced

Completed

Sterling-backed Frontline Road Safety completed the acquisition of Apply-A-Line.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private Equity

United States

Domestic

Majority

road striping

Single Bidder

Specialty Contracting

Completed

Acquisition

Private

Synopsis

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Sterling-backed Frontline Road Safety, a pavement marking services provider, completed the acquisition of Apply-A-Line, a provider of road and airport striping solutions primarily in the Northwest United States. Financial terms were not disclosed. "Given its position as a market leader in its core markets, and longstanding track record of operational excellence, Apply-A-Line is a key component of Frontline’s growth strategy as we build a national leader in the road safety industry," Brad Staller, The Sterling Group Partner.

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