M&A Deal Summary

BrandSafway Acquires Forming Concepts

On December 18, 2018, BrandSafway acquired building materials company Forming Concepts

Acquisition Highlights
  • This is BrandSafway’s 1st transaction in the Building Materials sector.
  • This is BrandSafway’s 4th transaction in the United States.
  • This is BrandSafway’s 1st transaction in Illinois.

M&A Deal Summary

Date 2018-12-18
Target Forming Concepts
Sector Building Materials
Buyer(s) BrandSafway
Deal Type Add-on Acquisition

Target

Forming Concepts

Gilberts, Illinois, United States
Forming Concepts, Inc. is a supplier of concrete forming solutions. We design the best, safest, most efficient, and cost-effective systems by partnering with our customers and building long lasting relationships based on honesty, satisfaction, and trust.

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Buyer(S) 1

Buyer

BrandSafway

Atlanta, Georgia, United States

Category Company
Founded 1919
Sector Business Services
Employees38,000
DESCRIPTION

BrandSafway is a provider of specialized services to the global energy, industrial, and infrastructure markets. Its range of service offerings includes work access, corrosion management, atmospheric and immersion coatings, insulation services, fireproofing and refractory, mechanical services, forming and shoring, and other complementary specialty services. Brand delivers its services through a network of more than 370 branches on six continents, with a focus on the major hydrocarbon and power generation markets globally. BrandSafway was founded in 1919 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 6 of 15
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 5 of 14
State (Illinois) 1 of 1
Country (United States) 4 of 11
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-22 Venko Groep B.V.

Hoogeveen, Netherlands

Venko Groep B.V. is a provider of fabric maintenance services throughout the life cycle of assets, both offshore and onshore. The company offshore division delivers fabric maintenance services on oil & gas production platforms, windfarms and a wide variety of other offshore facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 Cabrillo Hoist

Fontana, California, United States

Cabrillo Hoist offers service and maintenance programs geared specifically for your production schedule, so your equipment operates at peak performance, increasing productivity while minimizing downtime during the inspection, repair, and maintenance.

Buy -