Argand Partners, LP (“Argand”), the New York- and San Francisco-based private equity firm, today announced its acquisition of Midwest Can Company and Container Specialties, Inc. (together, “Midwest Can”). Midwest Can is a market-leading manufacturer of portable fuel containers (“PFCs”) used for the safe handling, storage and usage of flammable liquids such as gas, diesel and kerosene. The company designs and manufactures PFCs, which contain its industry leading FlameShield Safety System, as well as fluid management accessories such as funnels, drain pans and spouts. The company’s products are sold through a diverse customer base consisting of farm & fleet, lawn & garden, automotive aftermarket, hardware, and gas & convenience retailers.
Argand Partners, the New York- and San Francisco Bay Area-based middle market buyout firm, today announced that Sigma Electric Manufacturing Corp. (“Sigma”), the leading global manufacturer of precision engineered metal components, has acquired Tooling Dynamics, the leading US manufacturer of high volume, precision metal stamping and Swiss screw machining. Tooling Dynamics’ renowned expertise working with very thin gauge metals under extremely tight tolerances allows it to tackle the toughest jobs in the electronic and telecommunications connector world. This acquisition will significantly expand Sigma’s capabilities and benefit its customers, and it represents the third acquisition under Argand’s owner-ship in addition to the opening of two new manufacturing plants.
DENVER, CO – December 10, 2019 – Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping services and concrete waste management services in the U.S. and U.K. markets, today announced that CEO Bruce Young was featured on a podcast interview with The Stock Podcast, hosted by Nate Abercrombie.
The podcast interview is available here, or by visiting the Investors section of the CPH website at ir.concretepumpingholdings.com.
Argand Partners, the New York and San Francisco Bay Area-based middle market buyout firm, is pleased to announce the promotion of Ryan Beres to Senior Associate.
“Ryan has demonstrated analytical strength and solid investment expertise during his tenure with the Argand team. His deal evaluation skills and ability to manage relationships with our portfolio company management teams and directors provide significant leverage to each deal team. We are excited to recognize Ryan’s contribution to the firm,” commented Tariq Osman, Partner of Argand.
Argand Partners, the New York- and San Francisco Bay Area-based middle market buyout firm, today announced that Sigma Electric Manufacturing Corp. (“Sigma”) has acquired the U.S. based Avalon Precision Casting (“Avalon”), a manufacturer of complex thin wall investment castings products for blue-chip customers in the aerospace, defense, HVAC, power, agriculture, and oil & gas end markets. Headquartered in Cleveland, OH, with additional plants in Wisconsin, Avalon further strengthens Sigma’s North American manufacturing footprint.
– Acquisition Bolsters CPH’s Position as Leading Concrete Pumping Provider in North America, Strengthens Presence in Highly Attractive Texas Region –
DENVER, CO – May 15, 2019 – Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping services and concrete waste management services in the U.S. and U.K., today announced the closing of the acquisition of Capital Pumping, LP and its affiliates (“Capital Pumping”).
Capital Pumping, founded in 1971, is a leading provider of concrete pumping services in the Texas commercial and residential construction sectors. It operates the youngest fleet of scale in the industry with 144 pieces of equipment and a weighted average asset life of 2.9 years across boom pumps, trailer pumps and placing booms.
Argand Partners, the New York and San Francisco Bay Area-based middle market buyout firm, is pleased to announce the promotion of Joyce Schnoedl to Partner; Dino Sawaya to Principal; and Janel Maki to Operations Manager.
“Joyce provides important leadership across our firm in sourcing and executing complex deals. Her ability to identify and generate opportunities by navigating complexity and continually expanding relationships is a significant asset,” co
Argand Partners, the New York- and San Francisco Bay Area-based middle market buyout firm, today announced that Oase Living Water (“OASE”) has acquired the German-based Söll Group (“Söll”), a leading supplier of specialized water treatment products, water analysis and filtering technology, and premium fish food for consumer and commercial applications. Headquartered in Hörstel, Germany, OASE is the global market leader in water gardening products, offering a suite of products that enable the creation of tranquil, inviting outdoor oases, from simple to elaborate. The terms of the transaction were not disclosed.
Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) (“CPH” or the “Company”), a leading provider of concrete pumping services and concrete waste management services in the U.S. and U.K., has entered into a definitive agreement to acquire Capital Pumping, LP and its affiliates (“Capital Pumping”) in an all-cash transaction. The purchase agreement was unanimously approved by CPH’s board of directors and is expected to close in the second calendar quarter of 2019, subject to regulatory approvals and other customary closing conditions.
Industrea Acquisition Corp. (Nasdaq: INDUU, INDU, INDUW) (“Industrea”) today announced the closing of its previously announced business combination with Concrete Pumping Holdings, Inc. (“CPHI”). The business combination was approved at Industrea’s special meeting of stockholders held December 4th, 2018.
The business combination resulted in Industrea and CPHI becoming wholly owned subsidiaries of Concrete Pumping Holdings Acquisition Corp., which has changed its name to Concrete Pumping Holdings, Inc. (“CPH” or the “Company”). CPH expects that its common stock and warrants will commence trading on the Nasdaq Capital Market on December 7th, 2018, under the ticker symbols “BBCP” and “BBCPW,” respectively.