Nichols Martin
Arlington Capital Partners has closed a deal to acquire Texas-based TRP Infrastructure Services, which provides traffic control and roadway marking offerings to state and local governments.
The acquisition expands Arlington Capital’s portfolio of operations in Alabama, Arkansas, North and South Carolina, Georgia, Florida and Texas, the private equity firm said Monday.
Michael Lustbader, a managing partner at Arlington Capital, said the Washington, DC-based firm will work to further grow TRP with the help of the acquired company’s co-founders Rod Pekurney and Nathan Aust.
“The entire management team looks forward to leveraging Arlington’s deep expertise and relationships in the state and local government sector,” said Pekurney, CEO of TRP.
