Clearwater International advises on the management buy-out of SRL Traffic Systems supported by LDC and Crescent Capital
Clearwater International has provided corporate finance and debt advisory advice on the management buy-out of SRL Traffic Systems; the UK’s leading manufacturer and provider of portable and temporary traffic equipment, as it embarks on the next phase of its growth strategy.
Funding for the buy-out was provided by LDC and Crescent Capital with Clearwater International introducing both to the deal.
With the headquarters in Cheshire, SRL boasts a nationwide network of 26 depots. It has the industry’s widest range of temporary pedestrian and traffic light systems and is the UK’s market leader in sale and hire to the traffic management sector. Its equipment is used on many of the UK’s large infrastructure projects, providing customers with 24/7 support and maintenance services.
The transaction will support the business to launch its multi-million pound capital investment programme to accelerate organic growth, including developing its manufacturing capability to increase production and investing in new product development to further broaden its service offering. The management team will also explore targeted acquisitions to support further diversification of SRL’s capabilities.
Adviser to the management team of SRL Traffic Systems on its MBO supported by LDC and Crescent CapitalView more