Add-on Acquisition • Construction

Azuria Acquires Oxbow Construction

On June 10, 2024, Azuria acquired construction company Oxbow Construction

Acquisition Context
  • This is Azuria’s 5th transaction in the Construction sector.
  • This is Azuria’s 14th transaction in the United States.
  • This is Azuria’s 1st transaction in Oregon.

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M&A Deal Summary

Date June 10, 2024
Target Oxbow Construction
Sector Construction
Buyer(s) Azuria
Deal Type Add-on Acquisition

Target Company

Oxbow Construction

Troutdale, Oregon, United States
Oxbow Construction specializes in repairing, coating, lining and rehabilitating manholes, wet wells, and other sewer, storm, and water-related structures. Oxbow Construction was founded in 2005 and is based in Troutdale, Oregon.
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Buyer Overview 1

Buyer

Azuria

St. Louis, Missouri, United States

Category Company
Founded 1971
Sector Engineering
Revenue 1.2B USD (2019)
DESCRIPTION
Entrance to Aegion's corporate headquarters in St. Louis, Missouri.
Entrance to Aegion's corporate headquarters in St. Louis, Missouri.

Azuria engages in infrastructure protection and provides proprietary technologies and services for the corrosion protection of industrial pipelines and for rehabilitating and strengthening sewer, water, energy, and mining piping systems, buildings, bridges and tunnels, and waterfront structures. Azuria was formed in 1971 and is based in St. Louis, Missouri.


Deal Context for Buyer #
Overall 16 of 28
Sector: Construction 5 of 11
Type: Add-on Acquisition 13 of 24
State: Oregon 1 of 1
Country: United States 14 of 26
Year: 2024 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 CRTS Global

Tulsa, Oklahoma, United States

CRTS Global provides joint coating services through the use of proprietary robotic tools that apply protective coatings to internal and external segments of natural gas, crude oil, potable water and saltwater pipelines. CRTS Global was founded in 1979 and is based in Tulsa, Oklahoma.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Infrastructure Services Group

Greenville, South Carolina, United States

Infrastructure Services Group acquires and funds private companies that specialize in inspection, repair and rehabilitation of water and wastewater infrastructure systems. Infrastructure Services Group is based in Greenville, South Carolina.

Buy -