Announced
Completed
Financials
Tags
United States
Acquisition
Completed
rental equipment
Majority
Friendly
Equipment Rental
Private
Domestic
Private Equity
Single Bidder
Synopsis
Crossplane Capital-backed Griffin Dewatering, a construction dewatering services provider, completed the acquisition of the Pump & Integrity Rental, a specialty pump and equipment rental and solutions provider. Financial terms were not disclosed. "The acquisition of Pump & Integrity is an important step in positioning Griffin as a mission critical, comprehensive water management platform with a national footprint. Pump & Integrity brings a talented management team and a fleet of specialized equipment to Griffin that will allow the combined company to provide deep capabilities for both ground and surface water management," Mike Sullivan, Crossplane Capital Partner.
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