Information on the buyer
City Rise Safety
City Rise Safety traces its roots back to 1988, as a single crew working on the San Francisco Bay Bridge project. Since then, City Rise has expanded to hundreds of crews that service the entire state of California. City Rise Engineering Solutions extends to all 50 states throughout the US.
Founded in 2003, Lineage invests exclusively in owner-managed businesses. Their unique partnership approach provides business owners with significant liquidity, while enabling them to retain a meaningful ownership position and continue to control of the board of directors.
Information on the seller
BATS Traffic Solutions Inc. was established in 2008 with the mission of providing the very best in traffic safety services to their customers. They are strongly committed to the safety of their employees, customers, and the general public.
Rationale for the transaction
The partnership allows the combined company to leverage its expanded footprint and resources to provide the most comprehensive solution for nearly any type of project, regardless of size or scope.
Advisor to the buyer