The Waterproofing Company Acquires Phoenix Bay State Construction Company, Inc.
January 5, 2023
The Waterproofing Company, a long-established waterproofing and restoration contractor, has acquired Phoenix Bay State Construction Company, Inc., a nearly 50-year-old New England masonry construction and restoration firm based in Boston, Massachusetts. The acquisition expands The Waterproofing Company's masonry and restoration capabilities and positions the combined organization to pursue additional regional growth opportunities.
- Buyers
- The Waterproofing Company
- Targets
- Phoenix Bay State Construction Company, Inc.
- Sellers
- Phoenix Bay State Construction Company, Inc., Bob Asmar
- Industry
- Construction
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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