AWP Safety Expands Footprint with New Acquisitions
Deal News | Jan 08, 2025 | Kohlberg & Company
AWP Safety, a prominent provider of safety and traffic management solutions in North America and majority-owned by Kohlberg & Company, has strategically acquired three regional traffic control companies: Site Barricades, Integrity Traffic, and WS Barricade. These acquisitions enhance AWP Safety's position as a leader in the utility, broadband, and roadway infrastructure markets, while expanding its operational footprint to include Texas, Oregon, Colorado, and Nebraska. With a focus on innovative technology and customer-centric solutions, AWP Safety aims to address complex safety needs across high-growth regions. This move reflects the company's commitment to revolutionizing the traffic control industry and underscores its dedication to supporting North America’s expanding infrastructure.
Sectors
- Traffic Management and Safety Solutions
- Private Equity
Geography
- North America – The article discusses AWP Safety's operations and acquisitions within North America, focusing on regions including Texas, Oregon, Colorado, and Nebraska.
- United States – The acquisitions expand AWP Safety's presence in several U.S. states, emphasizing its strategic move to enhance services across the country.
- Canada – AWP Safety operates in four Canadian provinces, indicating a significant geographical scope beyond the United States.
Industry
- Traffic Management and Safety Solutions – This industry encompasses companies providing equipment, services, and technology solutions for traffic control and safety in construction and infrastructure projects. The article's focus on AWP Safety's expansion through acquisitions in this sector highlights its relevance.
- Private Equity – Kohlberg & Company, a major private equity firm, is mentioned as the majority owner of AWP Safety, indicating the involvement of private equity in the strategic growth and acquisitions discussed in the article.
Financials
- Not disclosed – Transaction terms for the acquisition of the three companies by AWP Safety were not disclosed.
- $15 billion – The amount managed globally by Kohlberg & Company as of September 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AWP Safety | Acquirer | Company | A leading provider of safety and traffic management solutions in North America, majority-owned by Kohlberg & Company. |
| Kohlberg & Company | Private Equity Owner | Company | A U.S. middle market private equity firm based in New York, managing approximately $15 billion as of September 2024. |
| Site Barricades | Target Company | Company | A regional traffic control company based in Fort Worth, Texas, acquired by AWP Safety. |
| Integrity Traffic | Target Company | Company | A regional traffic control company based in Sherwood, Oregon, acquired by AWP Safety. |
| WS Barricade | Target Company | Company | A regional traffic control company based in Frederick, Colorado, acquired by AWP Safety. |
| Rob Sehnert | Executive | Person | President and CEO of AWP Safety, leading the combined company post-acquisition. |
| Jeff Schuessler and Ben Wallace | Co-owners | Person | Co-owners of Site Barricades involved in the acquisition by AWP Safety. |
| Geoff Barrios | Co-founder | Person | Co-founder of Integrity Traffic commenting on the acquisition. |
| Ron Smits | Owner | Person | Owner of WS Barricade involved in the acquisition by AWP Safety. |