Announced
Completed
Synopsis
Kohlberg & Company-backed AWP Safety, a North American provider of safety and traffic control solutions, completed the acquisition of RHV Capital Traffic Control Group, a company that rents traffic control equipment and provides design, delivery, set-up, take-down and pick-up services to road and bridge construction companies, public utilities. Financial terms were not disclosed. "We are delighted with our continued partnership with the AWP Safety team. The Company has established itself as the leading provider of worksite safety solutions in North America with a best-in-class management team led by CEO Rob Sehnert. The Company's historical robust growth rate and transformation are expected to continue for years to come, underpinned by the country's critical infrastructure investments and required safety workers to support upgrade and repair work. We believe this highly strategic combination positions the business exceptionally to capture these growth opportunities," Benjamin Mao, Kohlberg Partner.
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