Brazos Sells Ennis-Flint

Brazos Private Equity Partners, LLC, a Dallas-based private investment firm, announced today the sale of Ennis-Flint, a global leader in pavement markings and traffic safety solutions, to an affiliate of Olympus Partners. Financial terms of the transaction were not disclosed.

According to Brazos, Ennis-Flint, headquartered in Thomasville, NC, serves more than 4,000 government and private sector customers in more than 60 countries through 20 manufacturing facilities and sales offices located across five continents.

During its time as an investor in Ennis-Flint, Brazos said it has substantially grown and enhanced Ennis-Flint’s capabilities and performance, more than tripling corporate earnings during that period through acquisitions and organic growth.  Brazos formed Ennis-Flint through the merger and integration of separate investments in Ennis Paint, Flint Trading & Eberle Design. Brazos also partnered with management to complete 12 add-on acquisitions, of which eight were businesses outside the U.S. The expansion to other markets via acquisition transformed the business from a company that generated nearly 100% of revenue from domestic operations to a global platform with approximately 25% of revenue from international markets. In conjunction with a robust acquisition strategy, Ennis-Flint experienced considerable organic growth across key product lines and through product line extensions throughout its partnership with Brazos.

“We have enjoyed a long and successful relationship with Ennis-Flint and take great pride in the results we have achieved during our tenure as an investor in the company,” said Randall Fojtasek, co-founding partner and Co-CEO of Brazos and vice chairman of the board of Ennis-Flint. “Reflective of our team’s organic and acquisitive approach to value creation, we worked closely with management to implement operational enhancements, identify and acquire complementary businesses and expand the company’s sales and manufacturing capabilities. The result of our partnership is a global platform well-positioned for the future that will continue to provide tremendous value to its customers, employees, vendors and shareholders.”

Ennis-Flint highly values the collaboration we have had with the Brazos team for many years,” said Steve Vetter, CEO of Ennis-Flint. “Their focus on operational improvement was well suited to our company’s needs as we worked to expand our platform and achieve several key corporate development initiatives. We thank Brazos for its guidance and commitment to our company, and we look forward to building upon the Company’s success to date in our new partnership with Olympus Partners.”

For more information on Ennis-Flint, visit