Headquartered in Cheshire, SRL boasts a nationwide network of 26 depots. It has the industry’s widest range of temporary pedestrian and traffic light systems and is the UK market leader in sale and hire to the traffic management sector. Its equipment is used on many of the UK’s large infrastructure projects, providing customers with 24/7 support and maintenance services.
In September 2019 LDC invested £24million to back the management buyout of SRL Traffic Systems, as it embarks on the next phase of its growth strategy.
The buyout was led by SRL’s existing CEO Richard Tredwin and his management team. Under their leadership, SRL has grown rapidly and today it employs more than 140 people, operates a fleet of more than 7,500 units and in its latest financial year recorded a turnover of £18.4million.
With LDC’s support, Richard and his team will now kick-start a multi-million-pound capital investment programme to accelerate organic growth. This will include expanding SRL’s current hire fleet, developing its manufacturing capability to increase production and investing in new product development to further broaden its service offering. The management team will also explore targeted acquisitions to support further diversification of SRL’s capabilities.
With strong credentials in the traffic management sector and a track record for partnering with management teams to drive growth, LDC's support will enable us to invest for the benefit of our customers and unlock the potential of our business.Richard Tredwin, CEO, SRL Traffic Systems