Frontline Road Safety (Frontline or the Company), the largest provider of pavement marking services in the US, announced that Bain Capital has entered into a definitive agreement to acquire the Company from The Sterling Group (Sterling). Frontline will continue to be led by its Chief Executive Officer, Mitch Williams, and the current management team, who will remain significant investors in the Company. Financial terms of the private transaction were not disclosed.

Latham & Watkins LLP represents The Sterling Group in the transaction with a corporate deal team led by Houston partners Bruce C. Herzog and Scott Miller and New York counsel Richard Quay, with associates William Fullenweider, Dean Dixon, Braydon Jones, and Alexandra Cumberland. Advice was also provided on benefits and compensation matters by New York partner Bradd Williamson and Chicago counsel Leah Segall, with associate Mary Daniel Morgan; on data privacy by Houston counsel Robert Brown, with associate Alex Theuer; on IP matters by Boston partner Sarah Gagan, with associate Alex Theuer; on environmental matters by Los Angeles partner Aron Potash, with associate Reilly Nelson; on government contracts matters by Washington, D.C. partner Kyle Jefcoat, with associate Genevieve Hoffman; on labor matters by Chicago counsel Laura Waller, with associate Elizabeth Duncan; on real estate matters by New York counsel Shira Bressler, with associate Chika Onyejiukwa; on antitrust matters by Washington, D.C. partner Jason Cruise, with associate Christina Lantuh; on tax matters by Bay Area partner Katharine Moir, with associate Jake Meninga; on HSR matters by New York counsel Jamie Sadler, with associate Ben Bouwman; and on finance matters by New York partner Joshua Tinkelman.