M&A Deal Summary

Concrete Pumping Holdings Acquires Hi-Tech

On September 8, 2021, Concrete Pumping Holdings acquired building materials company Hi-Tech

Acquisition Highlights
  • This is Concrete Pumping Holdings’ 1st transaction in the Building Materials sector.
  • This is Concrete Pumping Holdings’ 1st transaction in the United States.
  • This is Concrete Pumping Holdings’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-09-08
Target Hi-Tech
Sector Building Materials
Buyer(s) Concrete Pumping Holdings
Deal Type Add-on Acquisition

Target

Hi-Tech

Houston, Texas, United States
Hi-Tech is a provider of concrete pumping services. Hi-Tech's concrete pumping service equipment includes 32 boom pumps and two placing booms. Hi-Tech is based in Houston, Texas.

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Buyer(S) 1

Buyer

Concrete Pumping Holdings

Thornton, Colorado, United States

Category Company
Founded 1983
Sector Construction
Employees1,720
Revenue 442M USD (2023)
DESCRIPTION

Concrete Pumping Holdings is a concrete pumping service and concrete environmental waste management solutions provider in the U.S. and U.K. Concrete Pumping Holdings is also a provider of concrete waste management services in the U.S. market, operating under the brand, Eco-Pan. Concrete Pumping Holdings was incorporated in 1983 and is based in Thornton, Colorado.


DEAL STATS #
Overall 1 of 3
Sector (Building Materials) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Pioneer Concrete Pumping

Smyrna, Georgia, United States

Pioneer Concrete Pumping is a concrete pumping service provider. The Company supplies truck-mounted and separate placing booms and line pumps based in Smyrna, Georgia.

Buy $20M