Announced
Completed
Financials
Tags
Single Bidder
Transportation Services
Private Equity
commercial services
Domestic
Majority
Friendly
traffic control services
Acquisition
Completed
United States
Private
Synopsis
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.
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