H.I.G. Capital Completes Acquisition of Penhall Company
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Thursday, December 21, 2023
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Finance, Chemicals, Plastics, Professional Services, Manufacturing, Other Construction & Property, Residential Building & Real Estate, FRP, Penhall, Acquisition, Organizational culture, GPR, Growth, H.I.G. Capital, Management
Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Penhall Company (“Penhall” or the “Company”), North America’s largest provider of specialty concrete services.
Key Points:
- Capital (“H.I.G.”), a leading global alternative investment firm with $59 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Penhall Company (“Penhall” or the “Company”), North America’s largest provider of specialty concrete services.
- Headquartered in Irving, Texas, Penhall has a network of over 40 branch and service locations throughout the United States and Canada.
- Since its founding in 1957, the Company has served over 160,000 clients across a broad range of end markets including commercial, residential, industrial, and infrastructure.
- The Company’s long history, industry-leading scale, and focus on quality, innovation, and service have increasingly positioned the Company as a value-added partner to its customers.