RoadSafe Traffic Systems Announces CEO Transition
Kevin O’Meara to become Chief Executive Officer;
Retiring CEO Dave Meirick will remain on the Board of Directors
RoadSafe Traffic Systems, Inc. (“RoadSafe”), a leading traffic safety company, announced today that effective today, Kevin O’Meara will become Chief Executive Officer. Retiring CEO Dave Meirick will continue to serve on the Board of Directors.
“We are thrilled that Kevin O’Meara will lead RoadSafe into the next chapter of its growth. Not only is Kevin an outstanding business leader with a strong track record growing successful companies, he understands that RoadSafe’s culture of safety, integrity and customer satisfaction are integral to our business,” said Mr. Meirick. “Kevin’s experience and background aligns perfectly with RoadSafe’s mission as the nation’s leader in comprehensive traffic safety services and products for all aspects of transportation and utility infrastructure, and he has extensive experience working with private equity backed businesses.
“I have spent my whole career in traffic safety, and I am immensely grateful to have had the opportunity to lead this remarkable group of people as CEO since 2014. I look forward to working closely with Kevin and the management team as a Board member while we continue RoadSafe’s growth trajectory.”
Mr. O’Meara is an experienced CEO and Board Member, having led both private and public companies. Most recently he was the CEO of DIRTT Environmental Solutions, North America’s largest provider of prefabricated, modular interiors for non-residential projects. Kevin has also served at the CEO of Atrium Corporation and was a founder, President and COO of Builders FirstSource. Previously, he also served as an advisor to several private equity firms across a variety of manufacturing, distribution, and business services companies. Mr. O’Meara earned his MBA at Harvard Business School and has degrees in accounting and economics from Southern Methodist University where he graduated summa cum laude.
Mr. O’Meara said, “I am honored to serve as the next CEO of RoadSafe, succeeding Dave, who has demonstrated great leadership and vision. The Company has experienced tremendous growth and transformation during his tenure. I look forward to working with Dave for many more years to come and continuing to advance RoadSafe’s mission and drive its next phase of growth and market leadership.”
Amit Gaind, Partner at Investcorp, commented, “Under Dave’s leadership, RoadSafe sustained tremendous growth. We want to thank him for building a great team and culture creating an excellent platform for Kevin to lead moving forward. Kevin’s experience and leadership style are the right combination for RoadSafe and aligns with our vision for the Company going forward.”
Charles Fleischmann, Partner at Trilantic, commented, “Dave did an incredible job during his tenure as CEO. As investors in RoadSafe, we couldn’t be happier with the company’s performance and its future prospects with Kevin taking the helm.”
RoadSafe is the nation’s largest provider of traffic safety services, pavement markings and innovative traffic safety products. Its customers include heavy highway contractors, state transportation departments, municipal governments, electric utility, telecommunications, gas distribution providers, railroads and special events organizations. For more information, visit www.roadsafetraffic.com.
RoadSafe Traffic Systems, Inc.
Trilantic Capital Management L.P. ("Trilantic North America") is a growth-focused middle market private equity firm focused on control and significant minority investments in North America. Trilantic North America's primary investment focus is in the business services and consumer sectors. Trilantic North America has managed six private equity fund families with aggregate capital commitments of $9.9 billion. For more information, visit www.trilanticnorthamerica.com.
About Trilantic North America
Investcorp is a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, infrastructure, and insurance asset management. Since our inception in 1982, we have focused on generating attractive returns for our clients, while creating long-term value in our portfolio companies by adopting a disciplined investment process, employing talented professionals, and utilizing the resources of a global institution with an innovative approach. Today, Investcorp manages $50 billion in assets, including assets managed by third party managers.
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