The JF Petroleum Group Acquires the Assets of RC Development Group Inc.
September 20, 2021
The JF Petroleum Group, a MidOcean Partners portfolio company, entered into a definitive agreement to acquire the assets of RC Development Group Inc., a turnkey construction services firm headquartered in Northeast Florida. The add-on strengthens JF Petroleum Group's Southeast regional capabilities in commercial petroleum construction and environmental services, expanding its turnkey service offerings.
- Buyers
- The JF Petroleum Group, MidOcean Partners
- Targets
- RC Development Group Inc.
- Sellers
- RC Development Group Inc.
- Platforms
- The JF Petroleum Group
- Industry
- Construction
- Location
- Florida, United States
- Transaction Type
- Addon
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