NEW YORK, Feb. 27, 2018 /PRNewswire/ -- Empeiria Capital Partners, LLC ("Empeiria") is pleased to announce that an investment entity controlled by Empeiria has acquired B&B Roadway and Security Solutions, LLC ("BBRSS" or the "Company").
BBRSS is a market leader in state-of-the-art perimeter security and traffic control devices, providing advanced design, manufacturing and testing for reliable and resilient products and systems. The Company's core product lines include a comprehensive portfolio of well-established roadway safety barriers and warning gates for the transportation market as well as certified, crash-rated barriers for demanding access control point, perimeter security applications. BBRSS is headquartered in McKinney, Texas and has a longstanding track record of technical innovation with corporate roots dating back over 90 years.
"BBRSS is exceptionally well positioned to capitalize on the growing opportunities stemming from the country's aging transportation infrastructure and anti-terrorism security needs," said Keith Oster, Partner at Empeiria and Chairman of BBRSS. "The Company has an outstanding reputation for technical design and development and providing superb customer service and support. We look forward to partnering with management to support the continued growth and future success of the business through organic development and complementary add-on acquisitions."
Paul Matthews, President of BBRSS, stated, "Empeiria's investment in our Company will enable BBRSS to fully pursue new business development opportunities which the management team has laid the foundation for. BBRSS will have the capital, operational resources and strategic guidance to support our long term priorities and growth plans – enabling a superior offering of products and services that will be well received by both our customers and employees."
Egan Nelson LLP acted as legal counsel to Empeiria. Equity investors include the Pohlad family and Huron Capital.
Contact: Keith Oster, firstname.lastname@example.org
SOURCE Empeiria Capital Partners, LLC