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.
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 | [email protected]
John Tomes, Founder and Managing Director | [email protected]
Tyler Kavanaugh, Partner | [email protected]
Media Contact
Andreea Popa | [email protected]
SOURCE RT Advisors LLC
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