RoadSafe Traffic Systems, Inc. Acquires Liddell Bros, Inc. and Liddell Leasing, Corp.
Builds on momentum designed final yr by strategic acquisitions in California, Utah and North Carolina
CHICAGO, March 23, 2022–(Business WIRE)–RoadSafe Website traffic Programs, Inc. (“RoadSafe”), the nation’s most significant company of site visitors manage and pavement marking services, declared currently the acquisition of Liddell Bros, Inc. (“LB”) and Liddell Leasing, Corp. (“LL”). Based mostly in Halifax, Massachusetts, LB and LL have been foremost suppliers of targeted traffic manage providers and machines, like the set up of overhead indicators and structures, in the New England sector for the very last 50 a long time.
The simultaneous acquisitions of LB and LL more create RoadSafe’s posture as a nationwide leader in the website traffic control and pavement marking industries. The transaction follows RoadSafe’s growth very last yr by means of the acquisitions of corporations in California, Utah and North Carolina. These are RoadSafe’s fourth and fifth acquisitions, respectively, since getting into into a partnership with private equity firms Investcorp and Trilantic North The usa in April 2021.
“We are pretty energized about expanding our New England footprint by using the acquisition of the Liddell Providers. Gary, Mark and Tim Liddell and their groups have created superb companies that will complement our current Avon, Massachusetts operations and strengthen RoadSafe’s DOT struggling with business in the area,” reported David Meirick, CEO of RoadSafe.
“I would like to thank my total family members like my brothers, sons and previous and existing Liddell personnel for all the function they’ve performed in the New England sector above the previous 50 years,” stated Gary Liddell, CEO and President of LB and LL. “This acquisition is about the prospects it will produce for our buyers by means of the combination of two solid legacy operations that can offer a lot more in depth solutions. I am also enthusiastic for our staff, who will now have the additional gain of becoming a member of an additional employer of preference.”
RoadSafe’s President, Joe Scarano, additional, “The merger of these two good teams will permit us to develop our support offerings though continuing to provide the worth that our buyers have grown to assume from all of us.”
About RoadSafe Website traffic Units, Inc.
RoadSafe is the nation’s biggest provider of website traffic safety companies, pavement markings, and impressive website traffic protection solutions. Its consumers contain heavy freeway contractors, state transportation departments, municipal governments, specific situations corporations, U.S. railroads and utility organizations. For more info, pay a visit to www.roadsafetraffic.com.
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