Incorp Holdings Acquires East Coast Rigging & Contracting Co., Inc.
August 30, 2021
Incorp Holdings, a platform backed by Parkway Capital, Midwest Growth Partners, NewSpring Capital, Spring Capital and Lowe Capital, acquired East Coast Rigging & Contracting Co., Inc. (ECR). The add-on expands Incorp’s service offerings and geographic footprint in the Mid‑Atlantic (Washington D.C./Baltimore) and Florida (Ft. Lauderdale), diversifying the platform’s customer base and capabilities in scaffolding, rigging and infrastructure maintenance.
- Buyers
- Incorp Holdings, LLC, Parkway Capital, Lowe Capital, Midwest Growth Partners, NewSpring Capital, Spring Capital, Senior management team
- Targets
- East Coast Rigging & Contracting Co., Inc.
- Platforms
- Incorp Holdings, LLC
- Industry
- Industrial Services
- Location
- Maryland, United States
- Transaction Type
- Addon
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Incorp Holdings (MGP-backed) Invests in East Coast Rigging & Contracting Co.
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Incorp Holdings, a portfolio company of Midwest Growth Partners, has made an investment in Laurel, Maryland-based East Coast Rigging & Contracting Co., with participation from Lowe Capital, NewSpring Capital, Spring Capital, Parkway Capital and ECR's senior management. The addition of ECR broadens the Incorp platform's scaffolding, rigging and access equipment rental capabilities and expands its geographic footprint in the Mid‑Atlantic and Florida markets; ECR has approximately 90 employees.
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Lowe Capital Management and Construction Safety Group Acquire Incorp Holdings
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