Crossplane Capital completed the acquisition of Griffin Dewatering.

Crossplane Capital, a Dallas-based private equity firm, completed the acquisition of Griffin Dewatering, a provider of groundwater control solutions for large scale civil and infrastructure, industrial, power and commercial construction projects. Financial terms were not disclosed. "We are incredibly excited to be partnering with the Griffin team to continue to expand the Company's market leading complex dewatering and water treatment capabilities. We believe Griffin is a uniquely strategic business with unmatched experience and knowledge in its market, making it a very compelling investment for Crossplane. The ability to provide comprehensive water management solutions to its customers' job sites positions Griffin as a risk mitigator and invaluable partner in the construction process," Mike Sullivan, Crossplane Capital Managing Director.