Race Rock Infrastructure Acquires Highway Safety LLC and Ohio Galvanizing LLC
January 11, 2023
Houston-based Race Rock Infrastructure acquired Highway Safety LLC (HSC) and Ohio Galvanizing LLC (OGC), adding the guardrail, bridge rail, solar-support and galvanizing capabilities to its infrastructure portfolio. HSC and OGC will join Race Rock’s existing portfolio company Structural and Steel Products (SSP); founder W. Patric Gregory III will remain as President of HSC/OGC and join Race Rock’s board. The deal was financed with debt (led by Woodforest National Bank) and equity; Locke Lord LLP advised Race Rock and Sperry Mitchell & Company advised the sellers.
- Buyers
- Race Rock Infrastructure
- Targets
- Highway Safety LLC (formerly Highway Safety Corporation), Ohio Galvanizing LLC (formerly Ohio Galvanizing Corporation)
- Sellers
- W. Patric Gregory III
- Platforms
- Structural and Steel Products (SSP)
- Industry
- Building Products
- Location
- United States
- Transaction Type
- Addon
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