{"id":452889,"date":"2021-03-08T12:33:18","date_gmt":"2021-03-08T17:33:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=452889"},"modified":"2021-03-08T12:33:18","modified_gmt":"2021-03-08T17:33:18","slug":"roadsafe-traffic-systems-acquires-innovative-marking-systems-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/","title":{"rendered":"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc."},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. <\/b><\/p>\n<p class=\"bwalignc\"><b><i>Transaction strengthens RoadSafe\u2019s Mountain West position<\/i><\/b><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.roadsafetraffic.com%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=RoadSafe+Traffic+Systems&amp;index=1&amp;md5=6c23b33448ffef73772866d1173077dc\">RoadSafe Traffic Systems<\/a> (RoadSafe<span class=\"bwuline\">)<\/span>, the nation\u2019s largest provider of traffic control and pavement marking services, announced today the acquisition of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.innovativemarkingsystems.com%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=Innovative+Marking+Systems&amp;index=2&amp;md5=9964dbf2092ad2681f0b4a50ba003469\">Innovative Marking Systems<\/a> (IMS). Based in Bluffdale, UT, IMS is a leading supplier of roadway striping and removal, epoxy and waterborne paint pavement markings, and sign installation services in the Mountain West region.\n<\/p>\n<p>\nThe acquisition of IMS will further establish RoadSafe\u2019s position in the Mountain West region and expansion into the Utah market, one of the fastest-growing markets for traffic management in the U.S. The transaction follows RoadSafe\u2019s recent growth in the Pacific North West and West Coast, which has become an increasingly active region for the company as part of its Western U.S. strategy.\n<\/p>\n<p>\n\u201cThe addition of IMS expands our service offerings while establishing our geographic presence in attractive, high-growth regions,\u201d said David Meirick, CEO of RoadSafe. \u201cUnder the leadership and direction of Paul and Mary Cheever, IMS has a strong reputation in the industry, and their level of service \u2013 combined with their expertise \u2013 make them a strong fit for RoadSafe.\u201d\n<\/p>\n<p>\nIMS founder and CEO, Paul Cheever, will continue to lead the Utah operation alongside the current management team.\n<\/p>\n<p>\n\u201cWe are excited to join the RoadSafe family,\u201d said Paul Cheever. \u201cBy joining RoadSafe, we will continue to provide our customers with excellent service while investing in our resources and our team. RoadSafe\u2019s focus on company culture, safety and customer service aligns well with our values and makes this a seamless choice for IMS.\u201d\n<\/p>\n<p>\n\u201cAs RoadSafe continues to execute on its consolidation strategy, the addition of IMS helps advance the company\u2019s traffic control and pavement marking service offering in key markets,\u201d said <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Forixcapitalpartners.com%2Fstaff%2Fmohammed-khalil%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=Mohammed+Khalil&amp;index=3&amp;md5=fb30c93208cb7cee16877de37bdbe79b\">Mohammed Khalil<\/a>, Director at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Forixcapitalpartners.com%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=ORIX+Capital+Partners&amp;index=4&amp;md5=7a12c977042c081ceddaacf927087a7a\">ORIX Capital Partners<\/a>, the private equity platform of ORIX Corporation USA whose managed fund acquired RoadSafe in 2016. \u201cThis acquisition supports RoadSafe\u2019s position as the country\u2019s leading traffic management provider, and we look forward to further accomplishments building on combined strengths.\u201d\n<\/p>\n<p><b>RoadSafe Traffic Systems Inc.<\/b><\/p>\n<p>\nRoadSafe Traffic Systems Inc. is the nation\u2019s largest provider of traffic safety and pavement marking services, and innovative safety products, to heavy highway, building and specialty contractors, state transportation departments, local governments, special events organizations, U.S. railroads and utility companies. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.roadsafetraffic.com&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=www.roadsafetraffic.com&amp;index=5&amp;md5=b622453ba93712148012eb99dd41732f\">www.roadsafetraffic.com<\/a>.\n<\/p>\n<p><b>ORIX Capital Partners<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Forixcapitalpartners.com%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=ORIX+Capital+Partners&amp;index=6&amp;md5=09846db2fd5e220c5f32139f6d057507\">ORIX Capital Partners<\/a> (OCP), the operationally-focused private equity team of ORIX Advisers, LLC and a wholly-owned subsidiary of <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.orix.com%2F&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=ORIX+Corporation+USA&amp;index=7&amp;md5=c791c8ec0f4aac43ae78b04e7d2a93f1\">ORIX Corporation USA<\/a> (ORIX USA), manages a fund that seeks to make direct equity investments in established middle-market companies throughout North America, spanning a variety of industries, including industrial services, business services, and general industrials. For more information about OCP and its capabilities, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.orixcapitalpartners.com&amp;esheet=52392440&amp;newsitemid=20210308005716&amp;lan=en-US&amp;anchor=www.orixcapitalpartners.com&amp;index=8&amp;md5=cbf5f44ec682ccb02f1f313e005b9219\">www.orixcapitalpartners.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210308005716r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210308005716\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210308005716\/en\/<\/a><\/span><\/p>\n<p>\nRohini Pragasam<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rohini.Pragasam@orix.com\">Rohini.Pragasam@orix.com<br \/>\n<\/a><br \/>646.319.3680\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Illinois<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Automotive General Automotive Transport Construction &amp; Property Urban Planning Other Transport<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210308005716\/en\/675058\/3\/RoadSafe_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. Transaction strengthens RoadSafe\u2019s Mountain West position CHICAGO&#8211;(BUSINESS WIRE)&#8211;RoadSafe Traffic Systems (RoadSafe), the nation\u2019s largest provider of traffic control and pavement marking services, announced today the acquisition of Innovative Marking Systems (IMS). Based in Bluffdale, UT, IMS is a leading supplier of roadway striping and removal, epoxy and waterborne paint pavement markings, and sign installation services in the Mountain West region. The acquisition of IMS will further establish RoadSafe\u2019s position in the Mountain West region and expansion into the Utah market, one of the fastest-growing markets for traffic management in the U.S. The transaction follows RoadSafe\u2019s recent growth in the Pacific North West and West Coast, which has become an increasingly active region &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-452889","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. Transaction strengthens RoadSafe\u2019s Mountain West position CHICAGO&#8211;(BUSINESS WIRE)&#8211;RoadSafe Traffic Systems (RoadSafe), the nation\u2019s largest provider of traffic control and pavement marking services, announced today the acquisition of Innovative Marking Systems (IMS). Based in Bluffdale, UT, IMS is a leading supplier of roadway striping and removal, epoxy and waterborne paint pavement markings, and sign installation services in the Mountain West region. The acquisition of IMS will further establish RoadSafe\u2019s position in the Mountain West region and expansion into the Utah market, one of the fastest-growing markets for traffic management in the U.S. The transaction follows RoadSafe\u2019s recent growth in the Pacific North West and West Coast, which has become an increasingly active region &hellip; Continue reading &quot;RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-08T17:33:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210308005716r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc.\",\"datePublished\":\"2021-03-08T17:33:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/\"},\"wordCount\":513,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210308005716r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\\\/\",\"name\":\"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. - 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Transaction strengthens RoadSafe\u2019s Mountain West position CHICAGO&#8211;(BUSINESS WIRE)&#8211;RoadSafe Traffic Systems (RoadSafe), the nation\u2019s largest provider of traffic control and pavement marking services, announced today the acquisition of Innovative Marking Systems (IMS). Based in Bluffdale, UT, IMS is a leading supplier of roadway striping and removal, epoxy and waterborne paint pavement markings, and sign installation services in the Mountain West region. The acquisition of IMS will further establish RoadSafe\u2019s position in the Mountain West region and expansion into the Utah market, one of the fastest-growing markets for traffic management in the U.S. The transaction follows RoadSafe\u2019s recent growth in the Pacific North West and West Coast, which has become an increasingly active region &hellip; Continue reading \"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-08T17:33:18+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210308005716r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc.","datePublished":"2021-03-08T17:33:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/"},"wordCount":513,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210308005716r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/roadsafe-traffic-systems-acquires-innovative-marking-systems-inc\/","name":"RoadSafe Traffic Systems Acquires Innovative Marking Systems, Inc. - 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