Business Description:
Roadsafe Traffic Systems (“Roadsafe”) is the second largest provider in the U.S. of temporary traffic control devices on a rental basis, pavement marking and sign installation services. Roadsafe’s customers consist of contractors, state and local departments of transportation and other agencies and railroad and utility companies engaged in highway and street construction and maintenance. Roadsafe also operates a studio equipment rental business engaged in the rental of aerial lift and other high-reach equipment for feature film, episodic television, commercial and video production in the greater Los Angeles area and in Albuquerque, New Mexico.

Falcon Solution:
In October 2007, Falcon and a non-traditional private equity group acquired Roadsafe from its former parent company. The transaction involved significant due diligence complexities including the company’s surety bonding requirements, a parent company that had previously been through a bankruptcy proceeding and understanding and planning for the spin-off out of a parent entity that had provided substantial administrative services to the company.