Hamilton Robinson Capital Partners Gives The Green Light To Investment In Signal Control Products
Stamford, CT – January 11, 2022
Hamilton Robinson Capital Partners, together with management has recapitalized Signal Control Products, LLC (“Signal Control Products” or “SCP”). Signal Control Products is a leading value-added distributor and solutions provider of signal control equipment used to manage the intersections and roadways of today while building safer, faster and more efficient signal control systems for tomorrow’s integrated traffic mobility. Its full suite of curated traffic control and monitoring solutions serve electrical contractors, municipalities, counties and state departments of transportation.
“Our new partnership with Hamilton Robinson will provide us with capital and resources to better serve our customers as we enter our company’s next phase of growth,” stated John Bolt, CEO of SCP. “Their experience and track record in partnering with family-owned businesses is a perfect fit to help us expand our capabilities, while preserving our unique culture at Signal Control Products.”
Jim Parmelee, Managing Director at Hamilton Robinson added, “Our partnership with Signal Control Products is consistent with HRCP’s focus on investing in businesses with proven management teams, leadership positions in their served markets and the opportunity to grow through further investment and resources. SCP is poised to benefit from increased public spending on aging U.S. transportation infrastructure.”
Finn Dixon & Herling LLP and Crowe LLP provided legal and accounting advisory services to Hamilton Robinson, respectively. Janney Montgomery was Signal Control Product’s exclusive representative in the transaction, with legal service provided by Stevens & Lee.