Revive Infrastructure Group Acquires Crown Utilities

Revive Infrastructure Group Acquires Assets of Elite Utilities and Trenching

February 1, 2022

Infrastructure

Revive Infrastructure Group, backed by Sileo Capital and Brightwood Capital, has acquired the assets of Elite Utilities and Trenching, a Buhl, Idaho-based utility contractor specializing in long-line conduit, cable installation and fiber-to-the-home trenching. The assets will be integrated into Revive’s Intermountain West division, Crown Utilities, expanding Revive’s geographic footprint and service capabilities in telecom and utility infrastructure.

Revive Infrastructure Group Acquires Assets of Darrah Contracting

December 6, 2021

Infrastructure

Revive Infrastructure Group, backed by Sileo Capital with support from Brightwood Capital, acquired the assets of Darrah Contracting, a Missouri-based utility contractor. The add-on expands Revive/Excel’s Missouri footprint by adding more than 25 employees, 50+ pieces of equipment, and additional master service agreement work to increase recurring revenue.

Sileo Capital Affiliate Revive Holdings Acquires Excel Utility Contractors

July 15, 2021

Construction

An affiliate of Sileo Capital, Revive Holdings, acquired Excel Utility Contractors in partnership with Brightwood Capital Advisors and Mizzen Capital. Excel, headquartered in Villa Ridge, Missouri, is a provider of project management, construction, installation and maintenance services for telecommunications, water/wastewater and power customers; terms were not disclosed.

Flex Acquires Crown Technical Systems

November 20, 2024

Manufacturing

Flex (NASDAQ: FLEX) completed its $325 million all-cash acquisition of Crown Technical Systems, a designer and manufacturer of power distribution and protection systems. The deal expands Flex’s critical power portfolio into utility power and modular data center markets and adds an expected ~$120 million revenue business to its Industrial Business unit.

Crown Laboratories Acquires Revance Therapeutics

August 12, 2024

Biotechnology

Crown Laboratories, a Hildred Capital portfolio company, completed the acquisition of Revance Therapeutics through a cash tender offer that expired February 4, 2025; the transaction closed on February 6, 2025 and Revance will be delisted from Nasdaq. The deal brings together Crown's skincare and consumer brands with Revance's DAXXIFY, RHA dermal fillers and other aesthetics/therapeutic offerings to expand product portfolio and commercialization capabilities across medical, retail and e-commerce channels.

ShoreView Industries Acquires Crown Products, Inc. from WILsquare Capital

June 8, 2022

Building Products

ShoreView Industries has acquired Crown Products, Inc., a specialty distributor of flooring and flooring installation products headquartered in Bloomington, Minnesota, from WILsquare Capital. Northstar Capital provided junior capital/co-investment to help finance the transaction; terms were not disclosed. The deal supports continued expansion of Crown's branch network, e-commerce capabilities, and product offering.