Dave Meirick will continue to serve on the Board of Directors

RoadSafe Traffic Systems, Inc. (“RoadSafe”), a leading provider of traffic control and pavement marking services, announced today that Jim Connell will become Chief Executive Officer. Dave Meirick is stepping down from his position as interim Chief Executive Officer but will continue to serve on the Board of Directors.

“We are thrilled that Jim will lead RoadSafe through its next chapter of growth. His appointment is the result of an extensive process to ensure we selected the right leader for RoadSafe’s future. Jim is an outstanding business executive with a proven track record of growing successful companies, and he deeply understands RoadSafe’s culture of safety, integrity, and customer satisfaction is at the heart of everything we do,” said Mr. Meirick.

Mr. Connell most recently served as Executive Vice President, Chief Commercial and Strategy Officer for Centuri. In this role, Jim was responsible for leading the company’s coordinated commercial efforts, including the development of strategic plans that enabled growth into key geographic markets and emerging segments, as well as enterprise-wide organic growth. Since joining Centuri in 2006, Jim held several roles in leadership with a focus on customers, operations support services, and business strategy. Prior to Centuri, Jim worked at Deere & Company in the Worldwide Construction and Forestry Division. Jim holds a Bachelor of Science degree from the University of Illinois at Urbana – Champaign.

Mr. Connell said, “I’m honored to lead the RoadSafe team. This company’s foundation is rooted in a culture of safety and service, and I look forward to working with our talented team to strengthen that legacy. Together, we will continue to prioritize the well-being of our employees and communities while delivering outstanding customer experiences and driving sustainable growth.”

Amit Gaind, Senior Managing Director at Investcorp, commented, “RoadSafe has thrived under Dave’s leadership, and we thank him for creating a strong platform for the future. Jim’s experience in similar commercial service businesses and his people-first approach make him the ideal leader to guide RoadSafe forward while staying true to its core mission of safety and service.”

Charles Fleischmann, Partner at Trilantic, commented, “Dave’s tenure positioned RoadSafe for long-term success, and we are confident Jim will build on that momentum. His leadership style and industry expertise will ensure continuity while bringing fresh perspective to advance RoadSafe’s commitment to customers and communities.”

RoadSafe Traffic Systems, Inc.

RoadSafe is the nation’s largest provider of traffic safety services, pavement markings and innovative traffic safety products. Its customers include heavy highway contractors, state transportation departments, municipal governments, utility providers, U.S. railroads and special events organizations. For more information, visit www.roadsafetraffic.com.

About Trilantic North America

Trilantic Capital Management L.P. ("Trilantic North America") is a growth-focused middle market private equity firm focused on control and significant minority investments in North America. Trilantic North America's primary investment focus is in the business services and consumer sectors. Trilantic North America has managed seven private equity fund families with aggregate capital commitments of $11 billion. For more information, visit www.trilanticnorthamerica.com.

About Investcorp

Investcorp is a global investment manager specializing in alternative investments across four asset classes: Private Equity (Mid-Market Buyouts, Growth Investments, and GP Staking), Real Assets (Real Estate and Infrastructure), Credit (CLOs, Broadly Syndicated Loans & Structured Credit, and Middle-Market Direct Lending), and Liquid Strategies (Absolute Return Investments and Insurance Asset Management).

Since our inception in 1982, we have focused on generating attractive returns for our clients and seeking to create long-term value in our portfolio companies by adopting a disciplined investment process, employing talented professionals, and utilizing the resources of a global institution with an innovative approach.

We invest capital in our products and strategies, aligning interests with our clients and other stakeholders. We pursue sustainable value creation through our investments and in the communities in which we operate and take pride in partnering with clients to deliver tailored solutions for their needs.

Today, Investcorp manages $60 billion in assets, including assets managed by third party managers. Investcorp has 14 offices in the US, Europe, GCC and Asia, including, India, China, Japan and Singapore and employs approximately 500 people from 50 nationalities globally.

For further information, visit http://www.investcorp.com/ and follow us @Investcorp on LinkedIn, X and Instagram.

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