transforming the company from the lead-
ing North American road markings busi-
ness into a broader global traffic safety
platform,” said Mike Hogan, a manag-
ing director at Harris Williams & Co.
“The opportunity to further expand in
both core segments and new traffic safety
categories, along with various industry
tailwinds, bodes well for Ennis-Flint’s
continued success.”
“This transaction was particularly
satisfying given our longstanding rela-
tionships with the management team as
well as Brazos,” said John Arendale, a
managing director at Harris Williams &
Co. “We have the utmost respect for what
the company has achieved under Brazos’
and management’s ownership.”
Ennis-Flint is the worldwide leader
in the traffic safety solutions industry,
providing the most comprehensive of-
fering of pavement marking solutions
on the market today. Ennis-Flint’s wide
range of products are utilized on roads
and highways, taxiways, runways, park-
ing lots and in commercial, contractor,
governmental, industrial, airport and
architectural settings. Ennis-Flint is
headquartered in Thomasville, North
Carolina, with manufacturing facilities
located in the U.S., Canada, Australia,
Malaysia and Europe.
Founded in 1988, Olympus is a private equity firm focused on providing
equity capital for management buyouts
and corporate expansion. Olympus is an
active, long-term investor across a broad
range of industries, including restaurants,
consumer products, healthcare services,
financial services and business services.
Olympus manages in excess of $5.5 billion, primarily on behalf of corporate
pension funds, endowment funds and
state-sponsored retirement programs.
PPG Donates $5,000 to
United Way of Greater
Moncton and Southeastern
New Brunswick
PPG has announced a $5,000 donation
to the United Way of Greater Moncton
and Southeastern New Brunswick,
Canada. Made on behalf of PPG’s archi-
tectural coatings business, which oper-
ates a local distribution center, the grant
will help the organization improve lives
by offering programs that move people
from poverty to possibility, strengthen
communities, and ensure that children
fulfill their potential.
“The United Way is grateful for
this support from PPG,” said Debby
McInnis, executive director, United Way
of Greater Moncton and Southeastern
New Brunswick. “We are dedi-
cated to creating long-term, sus-
tainable change, and each of our
partners plays an important role
in this mission.”
The United Way’s mission is to improve lives and build community by
engaging individuals and mobilizing collective action. As part of this, it aims to