Harvest Partners’ funds have acquired Road Safety Services (RSS) from Parallel49 Equity for an undisclosed amount.
RSS is an infrastructure services platform headquartered in Omaha that is dedicated to enhancing road safety across the United States. RSS serves a variety of customers, including state departments of transportation, municipalities, general contractors and private companies, and its services are required by law and help drive safe passage along America’s roadways.
“We have been pursuing infrastructure services, and within that roadway safety services, as a priority sector for several years and believe RSS is a premier competitor in the industry,” said Stephen Fessler, partner at Harvest.
Following the acquisition, RSS’ management team will remain significant owners of the business, and CEO Mike Johnson will continue to lead RSS.