Arlington Capital Partners’ Acquisition of TRP Infrastructure Services

Sheppard Mullin advised Arlington Capital Partners on the deal.

Arlington Capital Partners, a Washington, DC-based private equity firm, announced it has, in partnership with the existing management team and founders, completed the acquisition of TRP Infrastructure Services.

Founded in 2010 and headquartered in Fort Worth, Texas, TRP is a leading provider of safety-critical and highly regulated roadway marking and traffic control solutions primarily to state and local government end-customers, whom it serves either directly or through general contractors. TRP’s core offering focuses on recurring maintenance projects to maintain the safety of America’s roadways. The Company has a broad and diverse footprint, with operations in Texas, Florida, Georgia, North Carolina, South Carolina, Alabama, and Arkansas.

Arlington Capital Partners is a Washington, DC-based private equity firm that is currently investing out of Arlington Capital Partners V, L.P., a $1.7 billion fund. The firm has managed approximately $4.0 billion of committed capital via five investment funds. Arlington is focused on middle market investment opportunities in growth industries including government services and technology, aerospace & defense, healthcare, and business services and software.

Founded in 2010 by Rod Pekurney and Nathan Aust, TRP Infrastructure Services is a provider of roadway marking (such as roadway lane line striping, reflective markers, rumble strips) and traffic control services across Texas and the U.S. Southeast. 

The Sheppard Mullin deal team was led by partners Luca Salvi (Picture) and Frank Bacelli, special counsel Cedric Powell and associates Wes Fischer and Felicia Xu.  Financing for the acquisition was led by partner Jim Ritter and associates Mike Baranovic and Jarred Ramo. Special assistance was provided by David Chidlaw, Keith Gercken, Claudia Hinsch, Scott Roybal, Olivier Theard, Carlo Van den Bosch, Lidore DeRose, Robert Gorzelany, Sean Kirby, Malika Levarlet, Robert Magielnicki, John Crisp, Hector Grajeda, Betsy Luxenberg, Imad Matini, Matthew McCalip, Diandra Molina, Elfin Noce, Patrick Quine, Charles Spencer-Davis, Lauren Weiss, Hannah Wigger, Shinduk Seo, and Aaron Hill.

 

Involved fees earner: Frank Bacelli – Sheppard, Mullin, Richter & Hampton; Michael Baranovic – Sheppard, Mullin, Richter & Hampton; David Chidlaw – Sheppard, Mullin, Richter & Hampton; John Crisp – Sheppard, Mullin, Richter & Hampton; Lidore DeRose – Sheppard, Mullin, Richter & Hampton; James Wesley Fischer – Sheppard, Mullin, Richter & Hampton; Keith Gercken – Sheppard, Mullin, Richter & Hampton; Robert Gorzelany – Sheppard, Mullin, Richter & Hampton; Hector Grajeda – Sheppard, Mullin, Richter & Hampton; Claudia Hinsch – Sheppard, Mullin, Richter & Hampton; Sean Kirby – Sheppard, Mullin, Richter & Hampton; Malika Levarlet – Sheppard, Mullin, Richter & Hampton; Betsy Luxenberg – Sheppard, Mullin, Richter & Hampton; Robert Magielnicki – Sheppard, Mullin, Richter & Hampton; Imad Matini – Sheppard, Mullin, Richter & Hampton; Matthew McCalip – Sheppard, Mullin, Richter & Hampton; Diandra Molina – Sheppard, Mullin, Richter & Hampton; Elfin Noce – Sheppard, Mullin, Richter & Hampton; Cedric Powell – Sheppard, Mullin, Richter & Hampton; Patrick Quine – Sheppard, Mullin, Richter & Hampton; Jarred Ramo – Sheppard, Mullin, Richter & Hampton; James Ritter – Sheppard, Mullin, Richter & Hampton; Scott Roybal – Sheppard, Mullin, Richter & Hampton; Lucantonio Salvi – Sheppard, Mullin, Richter & Hampton; Shinduk Seo – Sheppard, Mullin, Richter & Hampton; Charles Spencer-Davis – Sheppard, Mullin, Richter & Hampton; Olivier Theard – Sheppard, Mullin, Richter & Hampton; Carlo Van den Bosch – Sheppard, Mullin, Richter & Hampton; Lauren Weiss – Sheppard, Mullin, Richter & Hampton; Hannah Wigger – Sheppard, Mullin, Richter & Hampton; Felicia Xu – Sheppard, Mullin, Richter & Hampton;

Law Firms: Sheppard, Mullin, Richter & Hampton;

Clients: Arlington Capital Partners LP;

Author: Martina Bellini