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Announced

Avance to invest in Synergy Infrastructure Holdings.

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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