Big U.S. Concrete Pumper Acquired in $171M Deal

摘要

Los Angeles investment firm Peninsula Pacific Strategic Partners LLC has acquired Denver-based Brundage-Bone Concrete Pumping Inc., the largest concrete pumping service in the U.S., in a $171-million deal that completes the firm's return from bankruptcy. The transaction represents a "relatively new platform" for Peninsula, says Joshua Phillips, managing partner. It is among the firm's first ventures into construction.