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New Deal


Announced

Kohlberg & Co-backed AWP Safety to acquire Warning Lites of Colorado.

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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United States

full-service traffic control

Property Services

equipment rental provider

Equipment Rental

Acquisition

Domestic

Private

Friendly

Single Bidder

Majority

Private Equity

Pending

Synopsis

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Kohlberg & Co-backed AWP Safety, a public safety company that provides flagging, traffic control, work zone management, design, and equipment rental services, agreed to acquire Warning Lites of Colorado, a full-service traffic control and equipment rental provider operating throughout the State of Colorado. Financial terms were not disclosed. "We are excited to welcome Warning Lites Inc. of Colorado to the AWP Safety family. Our combined teams and capabilities will advance road safety for the people who build and maintain infrastructure and the communities they serve. Our shared values of ownership, trust and teamwork give us a solid foundation for delivering the next generation of safety innovations throughout Colorado and nationwide," Rob Sehnert, AWP Safety President and CEO.

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