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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