AWP Safety, a North American provider of safety and traffic control solutions, announced its strategic acquisitions of Washington Traffic Control, LLC, based in Seattle and Western Traffic Control, LLC, based in Vancouver, Washing (collectively known as WTC).
According to a release, the acquisitions strengthen AWP Safety’s position as a choice traffic control partner for North America’s utility, broadband, and infrastructure markets and expands the company’s footprint in Washington and Oregon. Transaction terms were not disclosed. AWP Safety is majority-owned by Kohlberg & Company, a leading private equity firm based in Mount Kisco, NY.
Together, AWP Safety and WTC will deliver the industry’s most comprehensive portfolio of worksite protection products and services including strategic traffic control planning, permit acquisition, temporary traffic control and equipment sales and rentals. The acquisition of Washington Traffic Control complements AWP Safety’s existing operations in the greater Seattle area, while the acquisition of Western Traffic Control expands AWP Safety’s footprint into northern Oregon.
“We are extremely excited about the safety expertise, capabilities and talent these companies add to our growing AWP Safety family,” said Rob Sehnert, AWP Safety president and chief executive officer. “Both have strong existing leadership positions in utility and broadband work and demonstrate exceptional alignment to our focus on delivering industry-leading safety and customer experiences. We look forward to growing together.”
Ron Matthews, president at WTC, added, “I am proud of our WTC teams’ accomplishments and rapid growth since the founding of our companies. We are excited to partner with AWP Safety for a new phase of growth in supporting our customers’ operations with best-in-class service and safety solutions.”
Macquarie Capital and Clew Partners served as financial advisors to AWP Safety.
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