Pelco Products Expands Traffic Safety Portfolio with PedSafety Acquisition
Deal News | Feb 07, 2025 | River Associates Investments L
River Associates Investments L.P., a private equity firm, announced that its portfolio company, Pelco Products Inc., has acquired PedSafety, a company specializing in pedestrian safety solutions. This strategic acquisition aims to integrate PedSafety's pedestrian-focused technologies with Pelco's advanced traffic management systems, thereby enhancing their joint portfolio in the North American traffic safety market. Both companies have committed to driving safety innovation through combined research and development efforts. The acquisition supports Pelco's mission of becoming a one-stop provider for traffic and pedestrian safety and aligns with its growth strategy, reflected in previous acquisitions of Novax Industries, TraffiCalm Systems, and Component Products. River Associates and Pelco's management plan to continue exploring further strategic acquisitions.
Sectors
- Traffic Safety
- Private Equity
Geography
- United States – The primary operations of the involved companies, Pelco Products and PedSafety, are based in the United States, highlighting the geographical focus of the article.
- North America – The article discusses the impact on the North American traffic safety market, indicating a regional focus for business operations and market growth.
Industry
- Traffic Safety – The industry's focus is on producing and implementing technology and products aimed at improving road safety and efficiency, as evidenced by Pelco Products and PedSafety’s roles in the market.
- Private Equity – River Associates Investments L.P. is a private equity firm specializing in investments that enhance the capabilities of its portfolio companies, which is demonstrated in the acquisition of PedSafety.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pelco Products Inc. | Bidding Company/Buyer | Company | A leading supplier of componentry and solutions for the traffic safety industry, based in Edmond, OK. |
| PedSafety | Target Company | Company | An innovator in pedestrian safety, known for products that enhance pedestrian accessibility at intersections and crosswalks. |
| River Associates Investments L.P. | Private Equity Firm | Company | A private equity firm based in Chattanooga, TN, focusing on investments in lower middle market companies. |