.
MergerLinks Header Logo

New Deal


Announced

Completed

Kohlberg-backed AWP completed the acquisition of Statewide Safety Systems from Sterling Partners.

Financials

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

Tags

Edit

Single Bidder

Transportation Services

Private Equity

commercial services

Domestic

Majority

Friendly

traffic control services

Acquisition

Completed

United States

Private

Synopsis

Edit

Kohlberg-backed Area Wide Protective, a provider of critical safety services, completed the acquisition of Statewide Safety Systems, a provider of traffic control and safety products and services, from Sterling Partners, a diversified investment management platform. Financial terms were not disclosed. “Sterling’s investment in Statewide is one of the best representations of our strengths and strategy – investing in sectors of expertise, partnering with exceptional management teams, and executing on internal initiatives to accelerate growth,” Steven Taslitz, Sterling Partners Co-Founder and Chairman.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US