AWP is honored to be a recipient of the 2016 ACG Cleveland Deal Maker Award. ACG Cleveland is Northeast Ohio’s prestigious organization for merger and acquisition and corporate growth professionals. The Deal Maker Awards are a tribute to Northeast Ohio’s leading corporate deal makers for their accomplishments in using acquisitions, divestitures, financings and other transactions to fuel sustainable growth.
AWP, Inc. was acquired by Blue Point Capital Partners in 2006, and under its ownership, diversified both its customer base and geography, leading to significant top-line and margin growth. AWP achieved EBITDA growth of more than 600% since Blue Point’s investment, the great majority of which was derived from organic growth. It expanded from a regional business with 10 locations into a business with 53 locations across 18 states. The Riverside Company acquired AWP in June 2015. AWP subsequently completed the add-on acquisition of Traffic Specialties, Inc., which increased its presence in the state of Georgia.
“The award is for everyone back at AWP. We worked tirelessly…building a great company. It’s a tribute to all those hard workers out in the field and back at the corporate office,” said John Sypek, AWP President and CEO.