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New Deal


Announced

White Deer Energy to acquire TorcSill Foundations from Intervale Capital .

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

construction

Construction Services

Private

Pending

United States

nonresidential buildings

Acquisition

Private Equity

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Synopsis

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White Deer Energy, a private equity firm, agreed to acquire TorcSill Foundations, a provider of engineered helical pile and anchor foundation solutions to clients in a broad range of markets, from Intervale Capital. Financial terms were not disclosed. TorcSill’s turnkey product and service package include in-house research and development, design, manufacturing, installation, and installation consulting services. TorcSill’s helical piles are rigorously tested and customizable to meet specific project needs. TorcSill’s team is one of the most experienced in the industry and trusted to provide foundations for some of the most demanding projects under construction today. “It has been a pleasure to work with Intervale Capital. They have been an excellent partner as TorcSill has expanded over the past several years. The Intervale team has provided valuable strategic and financial guidance that leaves us well-positioned as we move into our next phase of growth. I am excited for the next chapter under White Deer’s stewardship.” Tim Swift, TorcSill Chief Executive Officer.

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