M&A Deal Summary

Surface Preparation Technologies Acquires Diamond Surface - Rumble Strip Division

On July 23, 2018, Surface Preparation Technologies acquired construction company Diamond Surface - Rumble Strip Division from Diamond Surface

Acquisition Highlights
  • This is Surface Preparation Technologies’ 1st transaction in the Construction sector.
  • This is Surface Preparation Technologies’ 1st transaction in the United States.
  • This is Surface Preparation Technologies’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2018-07-23
Target Diamond Surface - Rumble Strip Division
Sector Construction
Buyer(s) Surface Preparation Technologies
Sellers(s) Diamond Surface
Deal Type Divestiture

Target

Diamond Surface - Rumble Strip Division

Rogers, Minnesota, United States
Diamond Surface, Inc. - Rumble Strip Division is a provider of rumble strips and related roadway safety services.

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Buyer(S) 1

Buyer

Surface Preparation Technologies

New Kingstown, Pennsylvania, United States
Category Company
Founded 1988
Sector Construction
DESCRIPTION

Surface Preparation Technologies is a provider of rumble strips and related critical roadway safety services. Surface combines 30+ years of roadway infrastructure expertise and a fleet of proprietary, technologically advanced equipment. Surface Preparation Technologies was founded in 1988 and is based in New Kingstown, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Diamond Surface

Rogers, Minnesota, United States
Category Company
Founded 1989
Sector Construction
DESCRIPTION

Diamond Surface, Inc. is a diamond grinding contractor. Since then, DSI has grown into a full service pavement restoration and rehabilitation contractor. Although company specialize in concrete pavements also have applications and safety improvements for asphalt pavements.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
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