Rowe Tomes Advisors announced today the sale of MoboTrex, a
company with a long and respected history specializing in traffic
and mobility solutions for government agencies across North America, to Warren Equity Partners, a
prominent private equity firm with relevant investing experience in
the category. This acquisition marks a significant milestone for
MoboTrex as it prepares to leverage its expertise and capabilities
as a platform for growth and expansion under the ownership of
Warren Equity Partners.
LOS
ANGELES, July 9, 2024 /PRNewswire-PRWeb/ -- Rowe
Tomes Advisors (RT Advisors LLC), a boutique merchant and
investment bank focused on middle-market clients, announced today
the successful completion of the sale of MoboTrex, a company with a
long and respected history specializing in traffic and mobility
solutions for government agencies across North America, to Warren Equity Partners, a
prominent private equity firm with relevant investing experience in
the category. This acquisition marks a significant milestone for
MoboTrex as it prepares to leverage its expertise and capabilities
as a platform for growth and expansion under the ownership of
Warren Equity Partners.
"Brien Rowe
and the team at RT Advisors provided invaluable strategic advice
and guidance throughout the sale process, ensuring that MoboTrex
ultimately found the ideal partner in Warren Equity Partners, to
support its vision for future growth, said David Schiltz, former Owner of MoboTrex."
With a legacy of serving government agencies with cutting-edge
solutions for traffic management, safety, and mobility, MoboTrex
has established itself as a leader in the industry. "Brien Rowe and the team at RT Advisors provided
invaluable strategic advice and guidance throughout the sale
process, ensuring that MoboTrex ultimately found the ideal partner
in Warren Equity Partners, to support its vision for future growth,
said David Schiltz, former Owner of
MoboTrex."
"We are thrilled to have facilitated the sale of MoboTrex to
Warren Equity Partners," said Brien
Rowe, Founder and Managing Director of RT Advisors. "This
transaction is a testament to MoboTrex's exceptional reputation and
Warren Equity Partners' commitment to driving growth and innovation
in the industry. We are confident that MoboTrex is well-positioned
for continued success under their new ownership."
"We anticipate significant continued tailwinds in the traffic
management and infrastructure sector driven by initiatives such as
the Infrastructure Investment and Jobs Act (IIJA) and an emphasized
focus on safety and technology," said Tyler
Kavanaugh, Partner at RT Advisors. "MoboTrex, with its
robust product offerings and extensive industry experience, is
well-positioned to capitalize on these opportunities in partnership
with a talented, growth-oriented firm like Warren Equity
Partners."
Further commenting on the acquisition, Schiltz stated: "The
management team is excited to be partnering with Warren Equity
Partners to drive and further expand MoboTrex's already strong
commitment to the advanced traffic management solution industry. An
excellent team, outstanding product suite, and Made-In-America
traffic control cabinets give the company unparalleled strength,
flexibility, and service capabilities in its markets. The Eagle
brand and extensive partnerships across the nation will continue to
allow for aggressive growth of MoboTrex over a half-century history
of service. I couldn't be more thrilled with this outcome."
The successful sale of MoboTrex underscores RT Advisors'
dedication to providing tailored strategic advice and executing
successful M&A transactions for its clients. With a focus on
integrity, expertise, and personalized service, RT Advisors remains
committed to helping clients achieve their financial goals and
objectives.
About RT Advisors
RT Advisors is a boutique merchant and investment bank
headquartered in Los Angeles,
Calif., specializing in providing tailored strategic advice
and executing successful transactions for clients across
manufacturing technology, business services, and numerous consumer
sectors. With a focus on integrity, expertise, and personalized
service and decades of experience, RT Advisors is committed to
helping clients achieve their strategic and financial goals and
objectives. For more information about RT Advisors and its service
offerings, visit www.rowetomesadvisors.com.
Deal Team Contacts
Brien Rowe, Founder and Managing
Director | browe@rowetomes.com
John Tomes, Founder and Managing
Director | jtomes@rowetomes.com
Tyler Kavanaugh, Partner |
tkavanaugh@rowetomes.com
Media Contact
Andreea Popa |
marketing@rowetomes.com
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SOURCE RT Advisors LLC