M&A Deal Summary

Truesdell Acquires Deangelo Contracting Services - High Friction Surface Treatment Division

On April 30, 2024, Truesdell acquired business services company Deangelo Contracting Services - High Friction Surface Treatment Division from DeAngelo Contracting Services

Acquisition Highlights
  • This is Truesdell’s 1st transaction in the Business Services sector.
  • This is Truesdell’s 1st transaction in the United States.
  • This is Truesdell’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-04-30
Target Deangelo Contracting Services - High Friction Surface Treatment Division
Sector Business Services
Buyer(s) Truesdell
Sellers(s) DeAngelo Contracting Services
Deal Type Divestiture

Target

Deangelo Contracting Services - High Friction Surface Treatment Division

Hazleton, Pennsylvania, United States
Deangelo Contracting Services - High Friction Surface Treatment Division provides high-friction surface treatment services.

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Buyer(S) 1

Buyer

Truesdell

Tempe, Arizona, United States

Category Company
Founded 1975
Sector Construction
DESCRIPTION

Truesdell is a provider of quality repair, restoration, strengthening, protection, and maintenance of concrete structures. Comprehensive services range from assistance with initial diagnosis to final completion. Truesdell has completed more than 7,000 projects on a wide variety of national and international repair projects ranging from high-rise buildings, nuclear power generating plants, airports, residential projects, water treatment facilities, and a sizeable amount of public agency DOT work. Truesdell was founded in 1975 and is based in Tempe, Arizona.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1

Seller(S) 1

SELLER

DeAngelo Contracting Services

Hazleton, Pennsylvania, United States

Category Company
Sector Business Services
DESCRIPTION

DeAngelo Contracting Services providing innovative, safe, and high-quality infrastructure and maintenance contracting services to State DOTs, railroads, and other commercial/residential customers. DeAngelo Contracting Services is based in Hazleton, Pennsylvania.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Pennsylvania M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 DCS Pavement Marking

Hazleton, Pennsylvania, United States

DCS Pavement Marking has supported public works and commercial contracting projects in Delaware and Pennsylvania. DCS Pavement Marking is based in Hazleton, Pennsylvania.

Sell -