DALLAS, TX – February 27th, 2018 – Strait Lane Capital Partners, LLC (“Strait Lane”) is pleased to announce it has completed the sale of B&B Roadway and Security Solutions, LLC (“BBRSS”), a wholly-owned subsidiary of SLCP Holdings, LLC (“Holdings”) to an investor group led by Empeiria Capital Partners.

Strait Lane core investors have realized an effective multiple of invested cash and an IRR of approximately 7.8x and 39%, respectively, since its acquisition in January 2011. These returns evidence the benefits of Strait Lane’s investing and operating philosophies: conservative capital structure with reasonable leverage, a long-term vision to realize a business’ potential and clear backing of management to provide value to all stakeholders. During the growth of BBRSS, Strait Lane saw all of these elements equally contribute to value creation.

Since 1925, BBRSS has created roadway safety and perimeter security solutions for government and commercial customers nationally. BBRSS has two distinct but complementary divisions, B&B Roadway and B&B ARMR. The B&B Roadway division manufactures a complete line of road and bridge traffic products. The B&B ARMR division designs and manufacturers perimeter gates and crash-rated barriers for anti-terrorism and high-security applications.