Bundy Group, an industry-focused investment bank, is pleased to announce that it has successfully advised HASCO, a leading airfield pavement maintenance and marking services provider, in a sale to Hi-Lite, a division of Frontline Road Safety, a premier North American pavement marking and roadway safety solutions provider.
This transaction underscores Bundy Group’s continued success advising business owners across the infrastructure services and broader industrial sectors, while illustrating a strong buyer demand for companies that provide mission-critical, recurring maintenance services across essential infrastructure assets—an area that continues to attract both strategic and financial acquirers.
Since its founding more than 30 years ago, HASCO has established itself as a trusted partner to airport operators, contractors, and municipalities across the United States. The company specializes in comprehensive airfield pavement maintenance solutions, including crack sealing, asphalt rejuvenation, ultra-high-pressure waterblasting for rubber and paint removal, and runway and taxiway marking installation.
HASCO’s fleet of specialized equipment and reputation for technical expertise and reliability play a critical role in maintaining the safety, performance, and longevity of aviation infrastructure. The company serves customers throughout the central and eastern United States and has expanded its geographic footprint in recent years to support increasing demand.
“It was a privilege to represent the Harper family and the HASCO management team throughout this transaction,” said Clint Bundy, Managing Director at Bundy Group. “HASCO has built a strong reputation in a highly specialized niche, and the level of interest from buyers reflects both the quality of the business and the broader demand we are seeing for infrastructure services companies that execute recurring, mission-critical work.
“Through a disciplined, competitive process, we were able to position HASCO with a group of highly qualified buyers and ultimately identify the right long-term partner,” added Bundy. “Hi-Lite and Frontline Road Safety bring strategic capabilities and resources that support the company’s continued growth.”
“Our experience working with Bundy Group was exceptional,” said Mike Harper, Founder, Co-Owner and Vice President of HASCO. “Their industry knowledge, disciplined process, and ability to create competitive tension were critical in achieving a strong outcome and finding the right long-term partner for the business. We couldn’t be more pleased with the outcome from both a valuation and fit perspective.”
The Bundy Group transaction team included Clint Bundy, Andrew Ezzat, and Stewart Carlin.
This transaction highlights the Bundy Group’s continued momentum across industrial and infrastructure-related sectors, where strong capital availability and a competitive buyer landscape are driving attractive outcomes for well-positioned companies.
For more information about Bundy Group’s industry expertise and recent transactions, visit bundygroup.com.
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About Bundy Group
Established in 1989, Bundy Group is an industry-focused investment bank that specializes in representing business owners and management teams in business sales, acquisitions, and capital raises. Their team of highly experienced investment bankers leverages extensive industry knowledge and skill to provide hands-on guidance to clients through every phase of the business transaction. Bundy Group has been a trusted partner in more than 250 closed deals over the past 37 years, providing high quality options, actionable insights, and delivering optimal strategic fits at a premium value for our clients.
Bundy Group Securities, LLC, is a registered broker-dealer and member of FINRA and SIPC. More information on the background of Bundy Group Securities, LLC is available at FINRA's BrokerCheck.