Buyout (LBO, MBO, MBI) • Manufacturing

Race Rock Acquires Highway Safety

On January 11, 2023, growth capital firm Race Rock acquired manufacturer Highway Safety

Acquisition Context
  • This is Race Rock’s 1st transaction in the Manufacturing sector.
  • This is Race Rock’s 7th transaction in the United States.
  • This is Race Rock’s 1st transaction in Maryland.

Explore All 1610 Buyout (LBO, MBO, MBI) Manufacturing Deals - Search the Database Free


M&A Deal Summary

Date January 11, 2023
Target Highway Safety
Sector Manufacturing
Buyer(s) Race Rock
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Sperry, Mitchell & Company (Financial)

Target Company

Highway Safety

Glastonbury, Maryland, United States
Highway Safety is a provider of guardrail, bridge rail, and solar panel support structures. Highway Safety was founded in 1978 and is based in Glastonbury, Maryland.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

DESCRIPTION

Race Rock Group is a private investment firm focused on majority control or minority positions in profitable lower middle-market companies. The Firm generally looks for businesses operating in the gulf coast or Midwest areas in the US. Sectors of interest include retail equipment, financial services, manufacturing, chemicals, food/beverage, industrial services, and real estate. Race Rock Group is headquartered in Houston, Texas.


Deal Context for Buyer #
Overall 7 of 8
Sector: Manufacturing 1 of 1
Type: Buyout (LBO, MBO, MBI) 6 of 7
State: Maryland 1 of 1
Country: United States 7 of 8
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-04 Structural & Steel Products

Fort Worth, Texas, United States

Structural & Steel Products is a manufacturer and distributor of products used in the highway construction end-market, including overhead sign structures, guardrails, crash cushions, lighting poles and bridge decking. The Company manufactures tubular structures used in the communication and power transmission industries. Structural & Steel Products was founded in 1969 and is based in Fort Worth, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-28 Texas Corrugators

Hutto, Texas, United States

Texas Corrugators is a major fabricator and distributor of steel safety products used primarily on highways, parking lots, and site work. Texas Corrugators is based in Hutto, Texas.

Buy -