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New Deal


Announced

Completed

Sterling Group-backed Frontline Road Safety completed the acquisition of Griffin Pavement Striping.

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

Specialty Contracting

Domestic

United States

Single Bidder

Acquisition

road striping

Completed

Private

Private Equity

Majority

Synopsis

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Sterling Group-backed Frontline Road Safety, which provides pavement marking services to a variety of end markets and customers, completed the acquisition of Griffin Pavement Striping, a provider of road, highway and airport line striping. Financial terms were not disclosed. "Griffin has been an established, leading service provider for its Ohio customers for the last forty years, and has a tremendous reputation as a top-tier operator. We look forward to further expanding the Frontline family of companies in partnership with Griffin," Brad Staller, The Sterling Group Partner.

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