Brazos Private Equity Partners has acquired Eberle Design. Financial terms weren’t announced. Phoenix-based Eberle designs, makes and sells electronic control products for the traffic, access, and rail industries.
Dallas, Texas, August 27, 2013 — Brazos Private Equity Partners, LLC, a leading Dallas-based private investment firm, announced today the acquisition of Eberle Design, Inc. (“Eberle” or the “Company”), a manufacturer of electronic control products for the traffic, access and rail industries. Terms of the transaction were not disclosed.
Eberle designs, manufactures and sells under the Eberle and Reno brand names and holds the leading North American market position in several key product categories, including conflict monitors and inductive loop detectors. Founded in 1980 and based in Phoenix, Arizona, the Company’s products are found in most of the signalized intersections throughout North America.
“We are excited about our new partnership with Eberle,” said Randall Fojtasek, Co-Founding Partner and Co-CEO of Brazos. “Brazos has invested previously in both the transportation safety and security sectors and believes in the positive outlook of each market. We look forward to combining our industry knowledge, expertise and relationships with the experience of industry veteran Bill Russell and the Eberle management team to continue to grow this successful Southwest-based company.”
“I am thrilled about our new relationship with Brazos, particularly as we look to expand our presence in the sensors and controls segment of the intelligent transportation systems market,” said Bill Russell, President and CEO of Eberle. “We look forward to leveraging Brazos’ industry expertise and network to help us execute on several strategic growth initiatives.”
Brazos has been an investor in the traffic safety sector since 2007 and is currently the majority investor in Ennis-Flint Traffic Safety Solutions (“Ennis-Flint”), the leading global provider of pavement marking materials. Ennis-Flint designs and produces highly durable and retro-reflective marking products used primarily in the maintenance of highways, roads, and airports, for government and private customers worldwide through manufacturing facilities located in the United States, Canada, Australia, and Europe.
Eberle Design, Inc., headquartered in Phoenix, Arizona, is a leading manufacturer of electronic control products for the traffic, access, and rail industries. The Company’s broad array of products – including conflict monitors, inductive loop detectors, power supplies, flashers, load switches, and other critical infrastructure control parts – allows transportation and access control professionals to integrate, automate, and manage intersections, roads, and access points (e.g. gated entry, tolls and parking) easily, efficiently and safely. The Company designs, manufactures, and sells under the Eberle and Reno brand names and is recognized as a provider of reliable, high-performance, specialty components.
About Brazos Private Equity Partners, LLC
Brazos Private Equity Partners is a Dallas-based private equity firm that has managed investment funds with approximately $1.4 billion of equity capital since inception. Brazos focuses on investments in leading middle-market consumer, healthcare, commercial & industrial, and business services companies, and partners with outstanding management teams and/or owners of closely-held businesses to maximize growth and shareholder value. Brazos has been one of the most active middle-market private equity investment firms, having completed in excess of 80 transactions over the past decade. For additional information about Brazos, please visit the firm’s website at www.brazospartners.com.