Janney is pleased to announce that it has served as the exclusive financial advisor to Road Widener, LLC (“Road Widener”), a premier provider of material placement attachments and road shouldering equipment, on its sale to RAF Industries, Inc. (“RAF Industries”, “RAF”), a Pennsylvania-based private investment firm focused on long-range investments and acquisitions of outstanding companies. RAF Industries saw meaningful value in Road Widener’s exceptional growth coupled with its proprietary technology.
About Road Widener
Headquartered in Delafield, WI, Road Widener is a provider of innovative, state-of-the-art material placement and compaction equipment attachments. Road Widener specializes in bringing to market equipment solutions that outperform legacy industry machines. The company was founded in 2006 by road construction professionals with over 30 years of industry experience.
For more information on Road Widener visit www.roadwidenerllc.com.
About RAF Industries
RAF Industries is a private investment firm focused on long-range investments and acquisitions of companies led by owners with unique vision and strong ethics. Founded in 1979 and based outside of Philadelphia, RAF is committed to the sustained growth and development of its portfolio companies, seeking to keep former owners actively involved and offering incentives to encourage their continued entrepreneurship.
For more information on RAF visit www.rafind.com.