Chinook Capital Advisors represents owners of Pavement Surface Control in recapitalization by Colorado Barricade Co., a portfolio company of Caymus Equity Partners
Chinook Capital Advisors, a leading M&A advisory firm serving the needs of Pacific Northwest business owners, acted as the exclusive advisor to Construction Ahead Inc. dba Pavement Surface Control (“PSC”, or “the Company”) in its recapitalization by Colorado Barricade Co. (“Colorado Barricade”), a portfolio company of Caymus Equity Partners.
PSC is a leading provider of concrete barrier, pavement striping, traffic control and safety flagging, and pavement maintenance to Washington Department of Transportation, local municipalities, roadway infrastructure contractors, utility contractors, and other private customers throughout the Pacific Northwest.
“The Chinook Team not only led us through the transaction process but advised us on how to grow the business leading up to the sale,” said Matt McDaniel, President of PSC. “In addition to maximizing the value of our Company, we found the ideal partner in Colorado Barricade to capitalize on increasing state and federal infrastructure spending.”
“The McDaniel family has built a tremendous business over the past 30 years. We are excited to see PSC benefit from the partnership with Colorado Barricade as they take advantage of growing infrastructure spending throughout the Pacific Northwest,” added Ed Kirk, co-founder of Chinook.
“This transaction rewards the McDaniel Family for decades of hard work and positions the employees and customers for continued growth for years to come. Congratulations to Dorothy, Matt, and the Caymus/Colorado Barricade teams,” commented John O’Dore, co-founder of Chinook.
ABOUT CHINOOK CAPITAL ADVISORS:
Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.
Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare products & services, and consumer products & services.
We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.
