Announced
Financials
Tags
Majority
Acquisition
equipment provider
Pending
Domestic
Friendly
Private
Equipment Rental
Single Bidder
United States
construction equipment
Private Equity
Synopsis
Avance, a private equity firm, agreed to invest in Synergy Infrastructure Holdings, a construction equipment rental company. Financial terms were not disclosed. "As the ongoing migration to Florida and the Southeastern U.S. continues to accelerate, the demand for infrastructure and new construction projects has increased across the region. As a market leader, Synergy is poised to play a critical role in providing solutions and services to address these growing needs. Synergy's reputation and customer service have allowed the business to achieve extraordinary success and be well positioned for the future," Luis Zaldivar, Avance Co-founder.
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