“Land” – Acquisition of Hinson
Founded in 1986 and based in Jacksonville, Florida, Hinson is a multi-generational, family-run business with a strong reputation for excellence in transportation-related electrical infrastructure. Specializing in traffic signals, streetlights, and intelligent transportation systems (“ITS”), Hinson has become a trusted provider across the Southeast. The acquisition (completed in August 2025) marks GreenArrow’s latest expansion into a new geographic region—representing the “land” phase of its ongoing strategy. With this move, GreenArrow now operates across four major regions of the United States, further solidifying its position as a national leader in delivering safer and smarter infrastructure solutions.
“Expand” – Acquisitions of LIR and Earthbound
GreenArrow’s acquisitions of LIR (completed in June 2025) and Earthbound (completed in September 2025) represent the “expand” phase of GreenArrow’s strategy. LIR is a trusted provider of traffic signal loop detector services in Granite Bay, California, and Earthbound specializes in transportation electrical services in Oceano, California. Both entities will be integrated into GreenArrow’s existing California operations, enabling the Company to (i) expand its in house service capabilities to add traffic signal loop detector services in California and (ii) expand into new regions within California, including San Luis Obispo, Santa Barbara, Ventura County, and Kern County – areas that were previously outside its footprint.
“We’re beyond excited to welcome each of these three companies to the GreenArrow family,” said Lloyd Kuehn, CEO of GreenArrow. “While each company brings something unique to the table and strengthens the GreenArrow platform in different ways, the common denominator is that they each bring deep regional and technical expertise and a strong reputation for excellence. These acquisitions are a powerful demonstration of our ‘Land and Expand’ strategy in action—and they position us to serve more communities across the country with safer, smarter infrastructure solutions.”
“This is an incredibly exciting time to be part of the GreenArrow family,” said Curtis Johansson, Partner at CAI. “With these three acquisitions, we’re seeing firsthand how our momentum in the transportation infrastructure space is attracting top-tier regional operators. These owners recognize the benefits of joining a national platform and are equally as excited as we are at the opportunity ahead. As we continue to expand—both within our existing markets and into new ones—we’re confident that GreenArrow is building something truly special.”
Seeking New Partnerships
GreenArrow is actively pursuing new add-on acquisitions and partnership opportunities with like-minded electrical services organizations. GreenArrow invites you to join them in shaping the future of transportation infrastructure. If you’re interested, please get in touch with GreenArrow through the “Acquisition Program” form on its website at www.greenarrow.com/acquisition-opportunities.
About GreenArrow
GreenArrow is a growing organization focused on uniting exceptional infrastructure services companies across the United States. GreenArrow offers specialized services in maintaining and installing electrical infrastructure, including traffic signals, streetlights, intelligent transportation systems, and utility systems. By bringing together these industry leaders, we aim to leverage their collective expertise and resources to provide safer, smarter, and more efficient infrastructure solutions. With a vision of transforming the future of transportation infrastructure, GreenArrow strives to enhance service quality and operational efficiency. Currently, the GreenArrow family includes over 650 employees across California, Missouri, Indiana, Pennsylvania, and most recently Florida. For additional information, please visit the website at www.greenarrow.com.
About CAI Capital Partners
CAI Capital Partners is a Vancouver-based private equity firm focused on partnering with and growing founder-owned businesses in the Canadian and US lower middle market. Over more than three decades, CAI has invested over C$1.6 billion of equity capital into companies across North America. For additional information, please visit www.caifunds.com.
For further information please contact:
Curtis Johansson
Partner, CAI Capital Partners
604-694-2527
Date: October 14, 2025
