VRA Advises Peek Pavement Marking on its Sale to Frontline Road Safety Operations

VRA is pleased to announce the sale of Peek Pavement Marking, LLC, a wholly owned subsidiary of Fortson-Peek Company, Inc. ("Peek", "Peek Pavement Marking" or the "Company") to Frontline Road Safety Operations, LLC ("Frontline" or "Frontline Road Safety"), a portfolio company of Bain Capital. VRA acted as the exclusive financial advisor to Peek Pavement Marking. Terms of the transaction were not disclosed.

Founded in 1962 by Donnie Peek and joined by Louis McCosh in 1967, Peek Pavement Marking began as a small local business painting parking lots and has since grown into a trusted provider of comprehensive pavement marking services across Georgia and South Carolina. Today, the Company delivers a full suite of road marking and safety solutions for a wide range of customers, reliably supporting projects of all scopes, from local roads to major interstate highways. With a highly trained workforce and a fleet of more than 200 vehicles, Peek combines expertise, flexibility, and responsiveness to meet the needs of its customers.

Headquartered in Denver, Colorado, Frontline Road Safety is the nation's leading pavement marking company. Frontline proudly serves a wide variety of customers and industries, including airports, government agencies, public highways, roads, and private corporations. Committed to a deep local operational leadership strategy, Frontline's team members and operating companies have decades of industry experience, unmatched reputations, and technical expertise at every level. The acquisition of Peek is highly complementary to Frontline's existing presence in neighboring regions, enhancing Frontline's ability to deliver road safety solutions across the nation with best-in-class teams. This is Frontline's 10th acquisition since receiving a strategic growth investment from Bain Capital earlier this year.

"Peek has always stood for integrity, innovation, and investment in our people and equipment," said Will Peek, Owner of Fortson-Peek Company, Inc. "VRA worked meticulously throughout the process to negotiate a lasting partnership with a company that mirrored our dedication to quality service and care for our employees. Partnering with Frontline ensures our legacy continues through the support of its resources and national footprint. Together, we can continue to expertly serve our region while preserving the culture and client relationships that Peek has built over 60 years."