April 12, 2022
BOSTON, MA -- Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of Liddell Brothers, Inc. and Liddell Leasing, Corp. (collectively, “Liddell Brothers”) to RoadSafe Traffic Systems, Inc. (“RoadSafe"). Dunn Rush & Co. served as financial advisor to Liddell Brothers in the transaction.
ABOUT LIDDELL BROTHERS
Liddell Brothers (www.liddellbrothers.com and www.liddellleasing.com) is a recognized leader and preferred contractor in the manufacturing and installation of roadway signage and structures; Intelligent Transportation Systems (ITS) for open road tolling construction and maintenance; traffic control services; and safety and traffic control equipment rental in the Northeast. Liddell Brothers was founded in 1972 and is headquartered in Halifax, Massachusetts.
For more information about this transaction, you can click here to access the press release.
RoadSafe (www.roadsafetraffic.com) is the nation’s largest provider of traffic safety services, pavement markings, and innovative traffic safety products. Its customers include heavy highway contractors, state transportation departments, municipal governments, special events organizations, U.S. railroads and utility companies.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Construction Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. The Firm is a registered Broker-Dealer and is headquartered at 101 Federal Street, Boston MA 02110. For further information, please visit our website at www.dunnrush.com or contact us at 617-451-0001.
We utilized the services of Dunn Rush to value our business under different scenarios for financial transactions we were contemplating. They got up to speed quickly, asked great questions and had good insights into how our business would be valued under different circumstances. Their work was very detailed, explained well and extremely useful in our deliberations.
Mike McManama, CEO, Decas Cranberry Products, Inc.
Dunn represented, marketed and successfully sold our business. My partner and I interviewed a number of investment bankers prior to the transaction and chose Kevin because of his broad industry experience, professional reputation and ability to get deals done. Kevin and his team learned everything about our business and put together a comprehensive offering memorandum which generated tremendous interest from both private equity and strategic buyers. Kevin conducted an efficient auction of our company and was able to “walk-up” the ultimate sale price substantially. We never second guessed our decision to hire Kevin and I strongly recommend him for consideration for your project.
Rick Thibadeau, CEO and Owner of AW Direct
I’ve known the principals of Dunn Rush & Co. for a number of years and have had the opportunity to work with them in many different capacities. They’re true professionals, with deep experience in a wide range of transactions, across several industries. They are good people, and I have always enjoyed working with them. You can trust them to provide top-quality advice no matter what your situation or circumstances.
Mark Bono, Founder, Guide Capital Partners