Date: December 15, 2023
Client: The Aero-Mark Company, LLC
Sector: Infrastructure Services
Industry: Pavement Marking
Houlihan Capital acted as the exclusive financial advisor on the sale of The Aero-Mark Company, LLC (“Aero-Mark”) to Frontline Road Safety (“Frontline”), a portfolio company of the Sterling Group. The transaction closed on December 15, 2023.
Headquartered in Streetsboro, Ohio, with an additional location in Cincinnati, Aero-Mark is a premier pavement marking contractor that provides state DOTs and general contractor customers with the highest levels of service and quality. The business was founded in 1987 and has grown to become a leading provider of road striping services in the Ohio and West Virginia markets.
“This partnership with Frontline will allow us to expand our reach and capabilities, benefiting our customers and employees alike,” said Mike Krenn and Curt Huffman, Co-Owners of Aero-Mark.
“We are excited to partner with the Aero-Mark team and to continue building our presence in the Midwest,” said Mitch Williams, CEO of Frontline Road Safety. “The Aero-Mark team is known across the industry for its commitment to quality, service and safety. Aero-Mark will be a terrific addition to the Frontline platform.”
Houlihan Capital represented and advised the owners of Aero-Mark as it conducted a comprehensive process to identify and initiate discussions with strategic and financial acquirers.
For more information on this transaction, please contact:
Jacques Zureikat
Vice President
jzureikat@houlihancapital.com
(312) 450-8634