News

FRAMEWORK CAPITAL AND TECUM EQUITY PARTNERS ACQUIRE INDUSTRY-LEADER GIBRALTAR CABLE BARRIER SYSTEMS

HOUSTON, TX – Framework Capital, a middle market private investment firm, along with Tecum Equity
Partners, a family office platform based in Pittsburgh, PA, today announced it has agreed to acquire
Gibraltar Cable Barrier Systems, a division of Gibraltar Materials. Gibraltar Cable Barrier is the leading hightension
cable barrier system with installations in virtually every state in the United States and on 3
continents. The company will continue to use the Gibraltar Cable Barrier Systems brand and be
headquartered outside of Austin, TX.
Ron Faulkenberry, a veteran in road safety products, will continue to serve as President of the Company, a
position he has held for 12 years. “Gibraltar has an established track record of building great products. Our
cable barrier system is viewed as the gold standard among high tension cable barriers and we are excited
about this partnership that will facilitate our continued growth” said Mr. Faulkenberry.
“Ron and the management team are world-class which is to be expected because the Gibraltar Cable Barrier
System is the preferred system of states and roadway contractors both domestically and internationally.
We look forward to working alongside the team to create a bright future,” said Jerry McGee, Managing
Director of Framework Capital.
Stephen J. Gurgovits, Jr., Managing Partner of Tecum Equity, added, “We are excited about our new
partnership with Framework Capital and Gibraltar. We look forward to continuing to provide one of the
world’s best engineered cable protection systems and to continue to make highway and roadway
infrastructures safer in a more cost effective manner”.
Gibraltar Cable Barrier Systems will continue to be headquartered outside Austin, TX with offices in
Houston, TX and Santiago, Chile, which services international markets. Gibraltar Cable Barrier Systems will
now use www.GibraltarGlobal.com as its website address.

ABOUT FRAMEWORK CAPITAL
Framework Capital makes equity investments in manufacturing, industrial and energy services companies.
The Framework methodology focuses leadership on proven principles that, when implemented, result in a
highly-engaged workforce. Framework is headquartered in Houston, Texas with an office in Newport Beach,
CA. Additional information can be found at http://www.frameworkcapitalpartners.com

ABOUT TECUM EQUITY PARTNERS
Tecum Equity Partners is a committed fund backed by a family office, Western Allegheny Capital, focused
on control equity acquisitions. The fund is managed by Tecum Capital Management, a private investment
firm, which oversees pools of over $450 million of committed capital focused on mezzanine debt,
subordinated notes, private equity and other types of financial capital to small and medium sized
commercial enterprises. The firm is focused on providing financing for recapitalizations, buyouts,
generational transitions, mergers and acquisitions and other growth capital needs. Tecum Equity Partners
is headquartered in Pittsburgh, Pa. For more information, please visit www.tecum.com.

Texas Headquarters

1700 Post Oak Blvd

2BLVD Place, Suite 600

Houston, TX 77056

713.826.9351

 

California Office

120 Newport Center Drive

Newport Beach, CA 92660