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New Deal


Announced

Completed

H.I.G. Capital completed the acquisition of Penhall Company.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Private Equity

Completed

United States

construction company

Construction Services

Acquisition

Majority

Friendly

Single Bidder

Synopsis

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H.I.G. Capital, a private equity firm, completed the acquisition of Penhall Company, a construction company. Financial terms were not disclosed. “Penhall has a long track record of continuously delivering high-quality solutions to customers across both small local jobs and larger national projects alike, while successfully expanding the Company’s geographic footprint and portfolio of services and continuing to reinforce the strong organizational culture that is foundational to our success. We are excited to work with H.I.G, which will enable us to further grow our offerings for our customers,” Greg Rice, Penhall CEO.

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