Hi all - we’ve got two interesting opportunities with one coming directly from one of the readers, whose family member is selling their business.
Are you a broker who has a deal to share? Shoot me an email at [email protected] with a short bio on your firm and example deals you want to share with 5,000+ RTC readers.
RTC Interviews: CEO of Tinuiti (New Mountain Backed)
Before we dive in, excited to kick off another event! This time we’re interviewing Zach Morrison, CEO of Tinuiti. I encourage everyone to RSVP here and reserve your seat!
1. Flagging & Traffic Control Services
🔗 Access Deal Materials
Interested in learning more? Shoot me a note at [email protected] to get in touch directly with the sellers.
📝 Deal Overview
Why this deal: Essential, recurring-need service with steady infrastructure exposure. This company provides flagging and traffic control services—critical for maintaining safety and compliance on active job sites. Simple model, high repeat demand, and consistent cash flow profile. We wrote about the roll up thesis.
2025E Revenue: ~$5,000,000
2025E EBITDA: ~$1,000,000
Deal Type: Founder-owned; majority recap or full exit
Headquarters: United States
🔎 What They Do
The company delivers on-site flagging and traffic management services that support construction, infrastructure, and utility projects. Ensures job-site safety, regulatory compliance, and project continuity.
Key Verticals:
Municipal and DOT projects, utility repairs, and commercial construction sites
💡 RTC Take
A recurring service platform at the intersection of infrastructure maintenance, public safety, and construction services. While operationally simple, it benefits from demand tied to government spending and utility maintenance. Ideal for investors experienced in industrial services, infrastructure contracting, or labor-intensive field operations seeking a buy-and-build foothold in a fragmented niche.
💼 Recent Private Equity Deal Comps
Acquirer | Target | Date | Notes |
|---|---|---|---|
Bain Capital | Frontline Road Safety | Jan 2025 | Acquired the nation’s largest pavement-marking and road-safety services platform from The Sterling Group. Frontline provides traffic-control, striping, and safety services for DOTs, airports, and commercial infrastructure projects across the U.S. |
Harvest Partners | Road Safety Services, Inc. | Dec 2023 | Acquired a pavement-marking and traffic-control platform operating across 15 states, serving transportation and infrastructure clients. |
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2. Commercial & Industrial Excavation, Grading, and Waste-Hauling Services
🔗 Access Deal Materials
Interested in learning more? Shoot me a note at [email protected] to receive the full deal details and to get in touch with the broker.
📝 Deal Overview
Why this deal: Longstanding commercial and industrial services provider with multi-year contracts and a deep fleet of owned heavy equipment. Serves as a regional provider in excavation, grading, and waste hauling for energy and manufacturing sectors.
2024A Revenue: ~$3,600,000
2024A SDE: ~$1,000,000
Asking Price: $3,500,000 ($2,500,000 equipment assets included)
Deal Type: Founder-owned; retirement-driven sale
Headquarters: VA, United States
🔎 What They Do
Full suite of site work and excavation services for commercial and industrial projects:
Grading, excavation, and land development
Waste hauling and construction maintenance
The business owns all necessary equipment
Key Verticals:
Energy producers, manufacturing facilities, and commercial developers across the Southeastern U.S.
Multi-year service contracts with repeat clients
💡 RTC Take
A longstanding business with high asset value and solid profitability. With an established workforce, long-term contracts, and fleet depth, this business offers an attractive entry for buyers in construction, industrial services, or regional roll-ups. Ability to shift end-market mix towards more attractive industrial and infrastructure (e.g., data center) end markets
💼 Recent Private Equity Deal Comps
Acquirer | Target | Date | Notes |
|---|---|---|---|
Rock Hill Capital Group | U.S. Industrial Holdings (Patriot Construction) | Feb 2017 | Majority recap of a site-preparation and earth-moving contractor providing grading, leveling, drainage, and underground utility installation services across the Gulf Coast. |
Have a deal to share with RTC readers? Email me at [email protected]
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Disclaimer: Information presented herein is derived from publicly available sources and third-party materials believed to be reliable. It is provided solely for educational and informational purposes and does not constitute investment advice or a solicitation. Road To Carry is not affiliated with, nor does it represent, the seller, broker, or any other party to the referenced transactions.
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