Sources: Fabcon LLC, Minneapolis; CP staff Fabcon, a top player in architectural precast concrete wall products east of the Rockies, has acquired Bristol Precast, a division of Lexington, Ky. design-build specialist Bristol Group Inc. The transaction includes a Lexington office and advanced Charlestown, Ind. production facility. Bristol Precast’s order log has included architectural and structural precast packages for industrial, multi-family,…
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Second Los Angeles investor takes controlling stake in Fabcon
Sources: Solace Capital Partners, Los Angeles; CP staff
Solace Capital Partners has purchased a majority interest in Fabcon Holding Corp. from fellow Los Angeles investor Platinum Equity, which acquired the Minnesota-based precast/prestressed concrete wall panel producer in 2016 and maintains a minority stake.
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