December 21, 2022
Area Wide Protective (“AWP”), America’s leading safety company supporting utility, broadband and infrastructure upgrades, and expansion, has entered into definitive agreements to acquire two leading traffic control providers: MOTPlans, LLC, based in Fort Lauderdale, Florida, and CrossRoads, LP, headquartered in Fort Worth, Texas. The combined company will serve national, regional, and local customers through a network of 143 facilities across 28 states and eastern Canada.
Together, AWP, MOTPlans and CrossRoads will deliver unprecedented scale, expertise, technology, and product and service solutions to manage customers’ complex safety needs, from planning to execution. The acquisitions strengthen AWP’s existing leadership in maintenance of traffic (MOT) planning, safety equipment sales and rental, and installation services. This enhanced portfolio offers customers a single source for comprehensive safety solutions and positions the combined company for further growth in existing geographic markets. Upon completing the transactions, the combined company will continue to be led by Rob Sehnert, AWP president and chief executive officer.
“AWP is pleased to add the MOTPlans and CrossRoads teams to our growing family of safety brands. Our combined capabilities will ensure customers have access to the most robust safety solutions and talent in our industry,” said Sehnert. Both share AWP’s commitment to creating a safer environment for progress in communities nationwide.”
“I am proud of what our team has achieved in improving the safety of workers and motorists on Florida’s roads and look forward to working with AWP to deliver the next generation of safety innovations to customers throughout the Southeast,” said Sattya Sukhu, president of MOTPlans.
“We started our company with one thing in mind: customers. AWP shares this same mindset, and we are excited to enter a new phase of growth as we work together to provide customers with the most comprehensive safety solutions in the industry,” concluded Mark Lewis, president of CrossRoads.
About Area Wide Protective (AWP)
Founded in 1981, Area Wide Protective, Inc. (AWP) has grown into North America’s leading provider of professional traffic management and protection services. The company’s capabilities include work zone flagging, design and engineering for transportation management plans, equipment sales, rental and 24/7 support. AWP employs 6,500 team members across 28 U.S. states and four Canadian provinces.
About Kohlberg & Company
Kohlberg is a leading private equity firm based in Mount Kisco, New York. Since its inception in 1987, the company has organised nine private equity funds, through which it has raised $12 billion of committed equity capital. Over its 35-year history, Kohlberg has completed 90 platform investments and nearly 250 add-on acquisitions, with an aggregate transaction value of approximately $35 billion.
About CrossRoads, L.P
CrossRoads, L.P provides traffic safety equipment and services to the Dallas-Fort Worth Area. They manufacture, install and supplies signs, install street name blades, stop signs, warning signs, regulatory signs and custom signs.
MOTPlans are a full-service barricade company providing complete temporary traffic control for any situation. They can provide you with everything you need from start to finish. They will draw your plan, rent you the necessary equipment, as well as perform the setup and takedown.
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading national M&A and merchant banking services company with over 32 years of advisory experience dedicated to middle-market transactions.