Announced
Synopsis
Kohlberg & Company, a private equity firm, completed the acquisition of a majority stake in GPRS Holdings, which provides private utility locating and concrete scanning services, from CIVC Partners, a Chicago-based private equity firm. Financial terms were not disclosed. "Matt and his management team have done a phenomenal job of growing GPRS to become the provider-of-choice in the utility locating and structural scanning market. We look forward to continuing to work with Matt, the entire GPRS management team, and Kohlberg in this next phase of growth," J.D. Wright, CIVC Partner.
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