Checkers Acquires C&C Signal
April 18th, 2012
Broomfield, Colorado - Checkers Industrial Safety Products, a global market leader in the design, manufacture and distribution of safety products for the mining, oil & gas, and other industrial markets today announced the acquisition of C&C Signal, LLC. C&C Signal, an innovative leader in the design, engineering, and production of highway safety and traffic control products, based in Mesa, AZ, serves customers in traffic safety, construction and other industrial markets.
David Kasnic, President of Checkers Industrial Safety Products, added "C&C Signal adds a complementary line of innovative product solutions to our existing safety products, increasing our overall breadth to serve customers in our existing end markets, as well as introduces Checkers Industrial Safety Products to new markets". This acquisition, coupled with the acquisition of HBM Canada announced last week, expands Checkers Industrial Safety Products' product offering and enhances its existing capabilities in engineering and design. Greg Gundrum, VP Sales and Marketing for Checkers Industrial Safety Products noted "We expect to deliver increased value and more customized products to our customers and end markets, while also being able to accelerate the pace of product innovation and response time to our combined customers."
Scott Clifford, President of C&C Signal, stated, "Checkers Industrial Safety Products global distribution network will provide increased exposure of our innovative products. I am excited to join Checkers Industrial Safety Products and help lead the development of new products for the markets we serve." C&C Signal is a leading producer of solar and non-solar LED lighted products, including arrow boards, barricade lights, LED light modules and strobe lights for the highway safety, traffic control and industrial markets.
Checkers Industrial Safety Products manufactures and distributes a variety of branded safety products including cable management systems, wheel chocks, and warning whips for the industrial, mining, aviation, military, construction, and entertainment markets. The company has developed products that meet and exceed safety standards and has a leading position in its respective end markets.
For questions regarding the acquisition or Checkers Industrial Safety Products, please contact Greg Gundrum,Vice President of Sales and Marketing, at (720) 221-3980 or by email firstname.lastname@example.org or visit the company's website www. checkersindustrial.com.
About Tonka Bay Equity Partners
Based in Minnetonka, MN, Tonka Bay Equity Partners is a private equity firm that acquires and invests in lower middle market businesses in the highly-engineered manufacturing, business services and value-added distribution sectors. For more information, call (952) 345-2035 or visit www.tonkabayequity.com.