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Argand Partners’ Sigma Electric Manufacturing Corp. Acquires Avalon Precision Casting

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.

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Concrete Pumping Holdings Closes Acquisition of Capital Pumping

– 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.

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Argand Partners Announces Three Promotions

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

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Argand Partners’ OASE Living Water Acquires the Söll Group

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.

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Concrete Pumping Holdings to Acquire Capital Pumping

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.

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Industrea Acquisition Corp. and Concrete Pumping Holdings Complete Business Combination

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.

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Argand Partners Adds Kay Blackwell as Director of Investor Relations & Corporate Communications

Argand Partners, the New York and San Francisco Bay Area-based middle market buyout firm, is pleased to announce the recent addition of Kay Blackwell as Director of Investor Relations and Corporate Communications.

Ms. Blackwell, who previously worked with the Argand Partners team in a prior role at MVision Private Equity Advisors, will lead the firm’s investor relations efforts, working with existing and prospective limited partners, and coordinating and managing future fundraising outreach. She will also work with Argand’s portfolio companies on broader corporate communications initiatives. “Kay is a dynamic and strategic thinker.

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OASE Living Water Acquires Atlantic Water Gardens

Argand Partners, the New York- and San Francisco Bay Area-based middle market buyout firm, today announce that OASE Living Water (“OASE”) has acquired US-based Atlantic Water Gardens (“Atlantic”), a leading supplier of innovative outdoor water feature products and systems to the North American market. 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.

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Argand Partners Adds Catherine Clancy Mandell as General Counsel and Chief Compliance Officer

Argand Partners, the New York and San Francisco-based middle market buyout firm, is pleased to announce the recent addition of Catherine Clancy Mandell as General Counsel and Chief Compliance Officer.

Ms. Mandell will lead the firm’s legal, compliance and regulatory functions. She will also work with the team on matters related to deal execution, fundraising, and operations, and will serve as a resource for portfolio company management teams.

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Industrea Acquisition Corp. to Acquire Leading Provider of Concrete Pumping and Waste Management Services, Concrete Pumping Holdings

Industrea Acquisition Corp. (Nasdaq: INDUU, INDU, INDUW) (“Industrea” or the “Company”), a special purpose acquisition company focused on the industrial sector, today announced that it has entered into a definitive agreement to acquire Concrete Pumping Holdings, Inc. (“CPH”), a leading concrete pumping services and concrete environmental waste management solutions provider in the U.S. and U.K., from majority shareholder Peninsula Pacific, a Los Angeles-based private investment fund, select members of CPH management and former manager shareholders.

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