Denver, CO – August 21, 2024 – Lumin8 Transportation Technologies (“Lumin8”), a portfolio company of Crest Rock Partners, is pleased to announce that it has acquired Rommel Infrastructure (“Rommel”), a provider of traffic signal maintenance and installation services to departments of transportation, municipalities, and contractors in Maryland and Delaware. The addition of Rommel brings Lumin8's workforce to over 500 employees dedicated to delivering intelligent transportation systems and traffic-related services across the United States.
The combination will bolster Lumin8’s presence across the Mid-Atlantic region, ensuring comprehensive coverage for maintenance and installation services, while broadening the portfolio of transportation technology solutions offered to longstanding and valued Rommel customers.
“We look forward to leveraging Lumin8’s broad capabilities and being part of the Lumin8 team,” said Mike Mussog, President and CEO of Rommel. “Joining Lumin8 allows us to offer a complete suite of services and cutting-edge solutions to current and future customers throughout Maryland, Delaware, and adjacent states.”
Lumin8, with the financial and strategic support of Crest Rock, is dedicated to enhancing service capabilities for departments of transportation, municipalities, and contractors nationwide. “We continue to expand our coverage and our service offerings. Acquiring Rommel allows us to expand our footprint in the Mid-Atlantic region with a highly reputable team known for efficiently delivering exceptional services,” said Chuck Stein, CEO of Lumin8.
“Rommel is a pivotal part of Lumin8’s overarching strategy aimed at expanding through organic investments and strategic acquisitions. We are thrilled to welcome the Rommel team to the Lumin8 family,” said Andrew Carlin, Vice President at Crest Rock. “This acquisition is the seventh add-on to the Lumin8 platform and further highlights the team’s ability to create a professional, scalable organization that can consistently achieve double digit organic growth while simultaneously conducting and integrating add-on acquisitions.”
For more information about Lumin8’s operations in the Mid-Atlantic region, please contact Mike Mussog (mike.mussog@lumin8.com). Following the acquisition, Mike leads Lumin8’s Mid-Atlantic operations and reports to Chuck Stein, CEO of Lumin8.
For Lumin8 business development inquiries, please contact David Swales (dswales@lumin8.com) or Jim McCullough (jmccullough@lumin8.com).
About Rommel Infrastructure
Established in 1994, Rommel Infrastructure specializes in traffic signalization and street light maintenance services. Based in Linthicum Heights, Maryland, the company serves government entities, general contractors, and developers across Maryland and Delaware.
About Lumin8 Transportation Technologies
Lumin8 Transportation Technologies provides services and technology related to traffic and intelligent transportation systems. Headquartered in Arvada, Colorado, Lumin8 operates across the United States with over 500 employees, serving customers in the mountain west, southwest, southern, and eastern regions, including major government entities, agencies, and national contractors. For more information, visit www.lumin8.com.
About Crest Rock Partners
Crest Rock Partners is a Denver-based private equity firm focused on the lower middle market. Founded in 2019, the firm seeks investment opportunities where it can leverage its principals’ extensive operating and investing experience to help companies execute their strategic growth initiatives. Through the team’s completion of over 60 acquisitions, divestitures, mergers, and integrations, Crest Rock has developed a differentiated investment process and partnership approach, working with management, founders, and other shareholders to establish alignment and achieve mutual objectives. Crest Rock targets control investments across multiple industry verticals, including software, technology, IT services, tech-enabled business services, manufacturing, and industrial services with enterprise values ranging from $15 million to $150 million. For more information about Crest Rock, please visit www.crestrockpartners.com and follow us on LinkedIn.