- TM Capital served as exclusive financial advisor to American Striping Company (“ASC” or the “Company”), a division of Tendit Group owned by Osceola Capital, in its sale to Frontline Road Safety, a portfolio company of Bain Capital
- Founded in 2016 and headquartered in Denver, CO, American Striping Company is a leading provider of essential pavement marking, striping and related traffic control and signage solutions with a core focus on Colorado Department of Transportation and municipal customers, working directly with end customers and through general contractors
- Tendit Group is a Denver, CO based diversified provider of exterior facility services to the Mountain West region; Osceola Capital is a Tampa-based private equity firm that invests primarily in majority equity positions across business services, healthcare services, tech-enabled services and industrial services
- Frontline Road Safety Group, a Bain Capital portfolio company, provides pavement marking and related roadway safety services across the United States through a network of locally operated companies serving roads, highways and airports for governmental agencies and prime contractors
- American Striping Company will become part of Frontline Road Safety Group’s Specialized Pavement Marking (“SPM”) division, operating as a standalone location within the platform; with extensive state and municipal relationships throughout Colorado and a strong local leadership team, ASC facilitates Frontline’s entry into the attractive Colorado market
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Mergers & Acquisitions
