Gemini Investors Completes Majority Recapitalization of Action Equipment & Scaffold and Waco Scaffolding
December 1, 2020
Gemini Investors completed a majority recapitalization of Action Equipment & Scaffold Company, Inc. and its Colorado division Waco Scaffolding & Equipment Company in December 2020. The transaction brings Gemini as the majority investor to support growth and continuity as CEO Howard Schapira and his family transition ownership while the companies continue to serve industrial, commercial, and municipal customers across Arizona and Colorado.
- Buyers
- Gemini Investors
- Targets
- Action Equipment & Scaffold Company, Inc., Waco Scaffolding & Equipment Company
- Sellers
- Howard Schapira and family
- Industry
- Industrial Services
- Location
- Arizona, United States
- Transaction Type
- Recapitalization
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