Concrete Pumping Holdings' Brundage-Bone Acquires C.G.A. Concrete Pumping Ltd.

H.I.G. Capital to Acquire CGH Group

July 4, 2024

Manufacturing

H.I.G. Capital (via an affiliate) has signed a definitive agreement to acquire CGH Group S.A., a manufacturer of large, engineered storage tanks and tank accessories serving EMEA. The deal is subject to antitrust clearance and will support CGH’s growth plans including geographical expansion, product extension, and additional production capacity.

Crane Engineering Acquires Geiger Pump & Equipment Company

March 18, 2024

Industrial Services

Crane Engineering, a family-owned fluid processing distributor based in Kimberly, Wisconsin, has acquired Geiger Pump & Equipment Company, a Mid-Atlantic distributor and service provider of fluid process equipment with locations in Baltimore, Maryland and Aston, Pennsylvania. The deal expands Crane Engineering's geographic footprint into the Mid-Atlantic and New England and will keep Geiger's president, Chris Brown, in leadership of Geiger operations and in a corporate role with Crane.

Griffin Dewatering Acquires Pump & Integrity Rental Segment from Cross Country Infrastructure Services

December 8, 2022

Industrial Services

Griffin Dewatering, a portfolio company of Crossplane Capital, has acquired the Pump & Integrity rental segment of Cross Country Infrastructure Services, adding fleet, technical expertise and branch locations to create a national water-management platform. Graycliff Partners provided subordinated debt and a minority equity investment to support Crossplane Capital's acquisition and the merger of Pump & Integrity into Griffin, enabling geographic expansion, equipment efficiencies and cross-sell opportunities.

Concrete Pumping Holdings Acquires Coastal Carolina Pumping

August 23, 2022

Construction

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) completed the all-cash acquisition of Coastal Carolina Pumping, Inc., the largest concrete pumping service provider in the Carolinas, adding 89 units of operating equipment and expanding CPH’s footprint in North Carolina, South Carolina and Central Florida. The transaction was funded from existing debt facilities and operational free cash flow and is intended to increase service capacity, expand fleet availability, and provide Coastal customers access to CPH’s Eco‑Pan concrete waste management services.

Groundworks Acquires BQ Basements & Concrete

November 3, 2021

Construction

Virginia Beach-based Groundworks, a Cortec Group-backed national foundation and water management platform, acquired Philadelphia-based BQ Basements & Concrete. The add-on expands Groundworks' Northeast footprint (greater Philadelphia, New Jersey and Northern Delaware) and brings BQ's team, local brand and basement/foundation services under Groundworks' national platform; terms were not disclosed.

Concrete Pumping Holdings Acquires Capital Pumping

March 18, 2019

Construction

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) agreed to acquire Capital Pumping, LP and its affiliates in an all-cash transaction to expand its footprint and scale in the fragmented Texas concrete-pumping market. The deal—expected to close in Q2 2019 and financed via equity/equity-linked securities and additional term loans—adds a well-run, family-owned Texas business with an efficient, young fleet and reported adjusted EBITDA of approximately $23 million for 2018.