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Frontline Road Safety, A Portfolio Company of The Sterling Group, Completes the Acquisition of Ozark Striping Company, LLC

Frontline Road Safety, A Portfolio Company of The Sterling Group, Completes the Acquisition of Ozark Striping Company, LLC

斯特林集團的投資組合公司Frontline Road Security完成了對Ozark Striding Company,LLC的收購
PR Newswire ·  2022/06/02 10:31

HOUSTON , June 2, 2022 /PRNewswire/ -- Frontline Road Safety ("Frontline"), a portfolio company of The Sterling Group ("Sterling"), today announced the acquisition of the pavement marking contracting operations of Ozark Striping Company, LLC. ("Ozark"). Frontline's operating companies provide pavement marking and ancillary services to a variety of end markets and customers.

休斯頓,2022年6月2日/美通社/--Sterling Group(“Sterling”)的投資組合公司Frontline Road Safety(“Frontline”)今天宣佈收購Ozark Striding Company,LLC的路面標記承包業務。(“歐扎克”)。FrontLine的運營公司為各種終端市場和客户提供路面標線和輔助服務。

The Ozark transaction marks Frontline's eighth acquisition since the platform was established in July 2020. Headquartered in Ozark, Alabama, Ozark Striping Company is a pavement marking contractor known across the industry as one of the leading firms in the nation.

Ozark的交易標誌着Frontline自#年該平臺成立以來的第八次收購2020年7月。總部設在阿拉巴馬州歐扎克的歐扎克條紋公司是一家在整個行業中被稱為全國領先公司之一的路面標線承包商。

"We are excited to expand our footprint in the Southeast region by partnering with this best-in-class pavement marking firm and look forward to working with the outstanding team at Ozark," said Mitch Williams, CEO of Frontline Road Safety. "Ozark has a strong presence in Alabama and is a great addition to the Frontline family."

我們很高興通過與這家一流的路面標線公司合作來擴大我們在東南部地區的足跡,並期待着與歐扎克優秀的團隊合作。米奇·威廉姆斯,前線道路安全公司首席執行官。歐扎克在中國有很強的影響力阿拉巴馬州對Frontline大家庭來説,這是一個很好的補充。

"We have built a premier pavement marking contractor of considerable scale and believe Frontline is the ideal partner for Ozark going forward," said Lee Gross, President of Ozark Striping Company.

我們已經建立了一家相當規模的頂級路面標線承包商,並相信Frontline是Ozark未來發展的理想合作伙伴。李·格羅斯歐扎克條紋公司總裁。

Over the last several years, Sterling has executed on its investment thesis to build a leader in the road safety and infrastructure maintenance industry. Through organic growth and further acquisitions, Sterling intends to continue building Frontline into the leading platform for road safety solutions with best-in-class local execution capabilities. Sterling has a long history of partnering with entrepreneurs and management teams to support the growth of their businesses.

在過去的幾年裏,Sterling一直在執行其投資主題,以打造道路安全和基礎設施維護行業的領先者。通過有機增長和進一步的收購,Sterling打算繼續將Frontline打造成具有一流本地執行能力的道路安全解決方案的領先平臺。Sterling與企業家和管理團隊合作以支持其業務增長的歷史由來已久。

About The Sterling Group
Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million. Sterling has sponsored the buyout of 62 platform companies and numerous add-on acquisitions for a total transaction value of over $14.0 billion. Sterling recently closed its fifth investment fund with $2.0 billion in commitments and currently has over $5.7 billion of assets under management. For further information, please visit sterling-group.com.

關於斯特林集團
Sterling Group成立於1982年,是一傢俬募股權投資公司,目標是在基礎製造、分銷和工業服務公司中擁有控股權。這些公司最初成立時的典型企業價值從1億美元到7.5億美元。Sterling已經贊助了62家平臺公司的收購和大量的附加收購,總交易額超過140億美元。Sterling最近完成了其第五隻投資基金20億美元目前管理着超過57億美元的資產。欲瞭解更多信息,請訪問sterling-group.com。

Past performance is no guarantee of future results and all investments are subject to loss.

過去的業績並不能保證未來的業績,所有的投資都有損失。

SOURCE Frontline Road Safety

來源:前線道路安全

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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