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  1. Road Safety Services Completes Three Add-On Acquisitions

    Road Safety Services (“RSS”), Parallel49 Equity’s investment in pavement marking and other related road safety services, completed three acquisitions broadening the company’s presence to eleven states across the U.S. The acquired companies include Pavement Marking, Inc. (“PMI”), Mullen’s Markings, Inc. (“MMI”) and K&G Striping (“K&G”).

    PMI is based in Phoenix, Arizona and is a leading provider of a broad array pavement marking services across several states in the Southwestern U.S. PMI has built a substantial fleet and a highly talented employee base capable of servicing large department of transportation, general contractor and paving company customers.

    MMI is based in Culpeper, Virginia and maintains a strong presence on the East Coast as a leading provider of a full suite of pavement marking services. MMI has built its reputation on providing the highest quality service in its market.

    K&G is based in Kansas City, Missouri and serves both Kansas and Missouri. The company offers traffic control and signage services in addition to a full suite of pavement marking services. K&G provides highly specialized pavement marking services and offers customers the latest pavement marking innovation and technologies in the market.

    We are thrilled to add three excellent companies that are market leaders in their respective geographies to the RSS platform and to partner with highly talented leaders at each location. RSS remains focused on building a leading infrastructure services platform dedicated to enhancing road safety across the U.S. through premium quality service.

    RSS continues to seek add-on acquisition opportunities across the U.S. in the road safety services industry.

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