Jul 10 2007
Axiom Equity Partners announced the acquisition of Colorado Strijpe Wright, Inc. and Tisdall Leasing, LLC, Denver-based road striping and safety services companies with over twenty years of experience in major road construction projects throughout the Rocky Mountain region.
"The construction services business is an area of focus for us and these investments promise significant growth and returns as our regional economy maintains its momentum," said Sandy Hamilton, Managing Director of Axiom Equity Partners. "These companies provide a very strong platform for organic and in organic growth in a consolidating industry. Colorado Strijpe Wright (CSW) and American Barricade (AB) are recognized for delivering high quality work and being responsive to their customers needs."
Based in Denver, CSW and AB are among the largest road construction services companies serving the Rocky Mountain region. The company has invested heavily over the past several years in recent equipment developments and personnel training to meet the needs of its extensive client roster, including both government and prime contractors in Colorado and the surrounding states of Kansas, Nebraska, Utah, and Wyoming. The Colorado Department of Transportation alone is initiating over 100 road improvement projects this summer.
"Axiom gives our company a pathway for growth which will help us better serve our customers and create new opportunities for our employees," stated Jay Tisdall, President of Colorado Strijpe Wright and American Barricade. "Regional infrastructure improvements continue at a record pace and Axiom's access to capital and operational expertise helps us scale our business while continuing to offer customers the best possible service."