Arlington Capital Partners (Arlington Capital), a Washington, DC-based private equity firm, in partnership with the existing management team and founders, has completed the acquisition of TRP Infrastructure Services (TRP).
TRP is a leading provider of safety-critical and highly regulated roadway marking and traffic control solutions primarily to state and local government end-customers, whom it serves either directly or through general contractors.
Michael Lustbader, a Managing Partner at Arlington Capital, says: “TRP has established itself as a best-in-class national provider that can leverage its scale, geographic density and professional organization to offer critical roadway services to its diverse customer base. We look forward to partnering with co-founders Rod Pekurney and Nathan Aust and the rest of the team to further build upon the Company’s well-established reputation in the industry as a provider of high-quality service and an acquirer of choice. Furthermore, we are excited to extend the Company’s impressive track record of growth alongside several macroeconomic tailwinds including the upcoming infrastructure bill in Congress and the impact of autonomous vehicles on roadway markings.”