Kohlberg & Company Acquires Area Wide Protective from The Riverside Company
December 23, 2020
Kohlberg & Company has acquired Area Wide Protective (AWP), a North Canton, Ohio–based traffic control and temporary traffic safety management services provider, from The Riverside Company. Riverside retained a minority stake via its Strategic Capital Fund; AWP will be led by new CEO Ron Childress as founder/CEO John Sypek transitions to Vice Chairman. Terms were not disclosed.
- Buyers
- Kohlberg & Company, LLC, The Riverside Company (minority investor)
- Targets
- Area Wide Protective (AWP)
- Sellers
- The Riverside Company
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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