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Traffic Control & Safety Corporation Adds Flashco of Bakersfield to Family of Companies
Bill Curtis By: Bill Curtis
5:37 PM Thursday, May 8th, 2008
.--(BUSINESS WIRE)--Traffic Control & Safety Corporation (“TCSC”), a portfolio company of Marwit Capital Partners II, L.P., announced today that it has completed the acquisition of Flashco, Inc. (“Flashco”) of Bakersfield, California. The acquisition of Flashco is TCSC’s sixth acquisition in the past year and its fifth in California. A fixture in Bakersfield for decades, Flashco is the leading provider of traffic control and safety products and services and general equipment rentals in Kern County, California, and also serves surrounding market areas. Terms of the transaction were not disclosed.



Established in 1976, Flashco engages in the rental and sale of traffic control and general equipment, permanent and temporary traffic signs, related worker safety and general construction products, as well as, the provision of related labor services to a broad mix of customers, comprised mainly of public works and general contractors, utilities and environmental companies. Commenting on the transaction, CEO Rusty Lewis stated, “It is a privilege for Flashco to become part of the TCSC family. To be partnered with industry icons such as Albert Kanno of Safety Systems Hawaii, Don Nicholas of Statewide Safety & Signs, Judy Digon of American Barricade, Steve Toomey of Toomey Industries and Ken and Jayne Williams of Flash Safety is quite a honor for me and Flashco. I am very proud that Flashco’s name will be listed among the ‘best of the best’ in the traffic control industry under the TCSC banner. Opportunities like this are once in a lifetime.”

Flashco joins industry leaders Safety Systems Hawaii, Inc. (Honolulu, HI), Statewide Safety & Signs, Inc. (Nipomo, CA), Toomey Industries, Inc. (Long Beach, CA), American Barricade, Inc. (Anaheim, CA), and Flash Safety Co., Inc. (Sacramento, CA) as a subsidiary of TCSC.