On November 15th, 2024, Traffic and Parking Control Co., Inc. (“TAPCO” or the “Company”) was acquired by Peak Rock Capital (“Peak Rock”).
The Industrials Investment Banking practice of Kroll served as the exclusive financial advisor to TAPCO in connection with the transaction.
“The Kroll Team was a great advisor through the process. They provided guidance, support and were extremely responsive. They felt like an extension of our team and were instrumental to helping us find a great partner in Peak Rock Capital.”
Eric Stangel, TAPCO CEO
About TAPCO
TAPCO is a leading provider of intelligent transportation systems (“ITS”) designed to enhance road safety and increase road and vehicle connectivity. Headquartered in Brown Deer, WI, and founded in 1956, TAPCO designs and manufactures innovative ITS systems and software alongside value-added integration and maintenance services. The Company has established itself as a trusted partner in improving road safety outcomes with ITS solutions for a diverse range of state DOTs, municipalities, cities and commercial businesses across North America.
Godfrey & Kahn S.C. served as legal counsel to TAPCO in connection with the transaction.
About Peak Rock
Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in partnering with families and founders seeking first-time institutional capital and corporate carve-outs. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies.
Kirkland & Ellis LLP served as legal counsel to Peak Rock in connection with the transaction.
