Announced
Completed
Synopsis
Bain Capital-backed Frontline Road Safety, a provider of pavement marking, completed the acquisition of Surface Preparation Technologies, a company providing rumble strips and roadway safety services, from Dominus Capital, a private equity company. Financial terms were not disclosed. "A core element of our investment strategy is partnering with market-leading businesses and supporting management's execution of both organic and inorganic growth initiatives. During our ownership, SPT more than doubled in size and is well positioned for its next stage of growth. We have enjoyed working with the management team and appreciate their efforts in positioning the business for continued success," Ashish Rughwani, Dominus Capital Founding Partner.
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