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TCSC acquisition of Californian traffic control hardware supplier.

Traffic Control And Safety : 03 March, 2008  (Company News)
Traffic control products and customer portfolio added to TCSC through acquisition of Sacramento based Flash Safety.
Traffic Control & Safety Corporation ("TCSC") has completed the acquisition of Flash Safety of Sacramento, California. The acquisition further strengthens TCSC's footprint in the California traffic control market. Based in Sacramento, with additional locations in Oakland and Santa Rosa, CA, Flash Safety is one of the most successful and well established traffic control companies in Northern California and the Western US. Terms of the transaction were not disclosed.

Bob Perret, CEO of TCSC stated, 'We are truly honoured to welcome Flash Safety to the TCSC family of traffic control and safety companies. Flash Safety maintains one of the best reputations for quality and service in the industry, and is an ideal addition to help grow TCSC's California division." Chris Britt, Managing Partner at holding company, Marwit Capital adds, "Ken Williams and Jayne Williams of Flash Safety are true pioneers of the traffic control industry in the Western US, and we really look forward to working with them in the future. Their industry knowledge and relationships within the traffic control industry are unparalleled." Thomas Dollhopf, Principal of Marwit Capital stated, "A discussion of the industry leaders would not be complete without including Flash Safety and Ken and Jayne Williams."

Founded in 1976, Flash Safety helped build the traffic control industry in California and has grown to become one of the most well known and respected traffic control products and services providers in the state. The Company is a full service provider of permanent and temporary traffic, safety and construction signs, barricades, arrow and message boards, cones and personal safety supplies. The Company's product and service mix is comprehensive and includes product sales, equipment rentals, and the provision of traffic control services such as lane closures and traffic control plans to a diverse and long-standing customer base. On Flash Safety becoming part of TCSC, Ken and Jayne Williams stated, "We feel we found the right company to carry on the legacy of Flash Safety. We really like the strategy that TCSC is employing to build a leading company in the traffic control industry, and look forward to contributing in any way that we can going forward."

Flash Safety is the 5th acquisition completed by TCSC since June 2007, joining Safety Systems Hawaii, Statewide Safety & Signs, Toomey Industries and American Barricade as subsidiaries of TCSC.

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