Sources: Ballard Spahr LLP, Philadelphia; CP staff
Concrete Pumping Holdings (CPH) has announced a definitive agreement to acquire Austin-based Capital Pumping LP, which serves central, south and west Texas contractors through 12 locations. The agreement was unanimously approved by CPH’s board of directors and is expected to close in the second quarter.
Capital Pumping joins the fastest growing brand in concrete placement. Through operating companies Brundage-Bone Concrete Pumping Inc., Eco-Pan Inc. and Camfaud Concrete Pumps, CPH is a leading provider of concrete pumping and concrete waste management services in the United States and United Kingdom. The latest acquisition significantly extends the scale of CPH, now approaching 100 U.S. locations. Assisting the company in the Capital Pumping transaction is a team from the Denver office of counsel Ballard Spahr, led by Business and Finance Partners Michele Rowland and John Ruppert.