ENGINEERING TECH

Aramco and American have announced the establishment of a new nonmetallics centre of excellence in the building and construction industry.

American Concrete Institute | March 31, 2021

Aramco and the American Concrete Institute (ACI) report the dispatch of NEx: A Center of Excellence for Nonmetallic Building Materials to create and advance the utilization of nonmetallic materials in the development area.

Based at ACI World Headquarters in Farmington Hills, Michigan, USA, NEx will zero in on speeding up the utilization of nonmetallic materials and items in development, utilizing ACI's job as a world-driving power and asset for the turn of events, dispersal and appropriation of agreement based norms for solid plan, development and materials.

"The Center's main goal will be to work together universally on utilizing nonmetallic materials in the assembled climate by driving exploration, schooling, mindfulness and innovation reception," said Jeffrey W. Coleman, ACI President. "Extending joining of nonmetallic materials and items in the fabricated climate will improve maintainability, add to a lower carbon impression, and upgrade the sturdiness and life span of constructions."

Spotlight

OneClick BIM is a well established company in India and Dubai which focuses on providing high quality BIM and CAD services to clients in the field of Architecture, Engineering, and Construction through innovative consulting and solutions.

The company provides the clients with one stop solution of Design, Engineering, and Construction. We have the capability to carry out almost all trades of Architecture, Structure, Mechanical, Electrical, Plumbing, Fire Fighting, Project Management, Fabrication and Construction under one umbrella. Thereby giving our customers edge of single point hassle free solutions and advantage over other outsourcing companies.

Spotlight

OneClick BIM is a well established company in India and Dubai which focuses on providing high quality BIM and CAD services to clients in the field of Architecture, Engineering, and Construction through innovative consulting and solutions.

The company provides the clients with one stop solution of Design, Engineering, and Construction. We have the capability to carry out almost all trades of Architecture, Structure, Mechanical, Electrical, Plumbing, Fire Fighting, Project Management, Fabrication and Construction under one umbrella. Thereby giving our customers edge of single point hassle free solutions and advantage over other outsourcing companies.

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CONSTRUCTION

Shoreline Equity Partners Announces Partnership with Core Roofing

Core Roofing | November 30, 2022

Shoreline Equity Partners, LLC ("Shoreline" or the "Firm"), a purpose-driven lower middle market private equity firm, has partnered with Core Roofing Systems, LLC ("Core Roofing" or the "Company"). Headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial re-roofing, maintenance, repair, inspection, and new roofing systems across the Southeast. The Company was founded by Dusty DeVore in 2002 and has since grown to more than 180 employees with a diverse set of customers across Georgia, Florida, Alabama, Arkansas, Mississippi, North Carolina, South Carolina, and Virginia. With a 20+ year history and respected brand and reputation, Core Roofing has successfully positioned itself as one of the leading commercial roofing service providers in the Southeast. Moving forward, and in partnership with Shoreline, Core Roofing is looking to execute on an aggressive growth plan via organic initiatives and acquisitions. The new partnership with Shoreline provides the Company with both the acquisition experience and access to capital needed to partner with other leading commercial roofing businesses across the U.S. Dusty DeVore has maintained a significant ownership position in the business and will continue to lead the Company going forward. "Dusty and the entire team have done an outstanding job of growing Core Roofing into a clear market leader over the last 20 years. The Company has built an exceptional brand and reputation as the go-to commercial roofing service provider for its customers and suppliers. It was clear from our first conversation with Dusty that Core Roofing would be a great fit for Shoreline due to the quality of the business and its people. We are grateful to partner with Dusty and the team to continue building a leading commercial roofing platform across the Southeast and nationally." -Mike Hand , Managing Partner at Shoreline. Zach Mittelmark , Principal at Shoreline, said, Upon meeting with Dusty and the broader Core Roofing team, we immediately knew we had found the right platform to partner with in the commercial roofing space. Core Roofing has built an incredibly unique and difficult-to-replicate maintenance and repair service offering which allows them to provide superior customer service throughout the full lifecycle of every commercial roof. We are beyond excited to help Core Roofing embark on an ambitious add-on acquisition story with the goal of becoming one of the largest commercial re-roofing companies in the US over the years to come. "We could not be more thrilled to partner with Shoreline. It was incredibly important that we found a partner that aligned with our values. Core Roofing was built on the strength of the relationships with our customers, suppliers, employees, and the community at large, and Shoreline shares our belief in the importance of consistently delivering for those key constituents. We are excited to accelerate our growth both organically and through acquisitions in partnership with the Shoreline team while ensuring that we maintain our high standards for work quality, customer service, and relationships for which Core Roofing is known." -Dusty DeVore , Founder and CEO of Core Roofing. The transaction for Shoreline was led by Mike Hand, Managing Partner; Zach Mittelmark, Principal; Mike Mancini, Senior Associate; Pete Bouret, Senior Associate; and Mike Dolak, Associate. Harvey & Company served as an advisor to Shoreline, while South State Bank provided the financing for the transaction . About Core Roofing: Founded in 2002 and headquartered in Alpharetta, GA, Core Roofing is a leading provider of commercial roofing solutions including re-roofing, maintenance, repair, inspection, and new roofing systems. With over 180 employees and offices in Georgia and Florida, Core serves a diversified customer base across the Southeast, including commercial and industrial property owners, property management companies, REITs, and municipalities, among others. About Shoreline: Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a "win-win" proposition for shareholders, employees, customers, vendors, and the communities within which the Firm's companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. Investing out of the Firm's inaugural $300 million fund, Shoreline seeks to lead equity investments of up to $100 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $25 million to $250 million and EBITDA of $3 million to $25 million. The Firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others.

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ENGINEERING TECH

LinQuest Announces the Acquisition of Hellebore Consulting Group

LinQuest Corporation | February 03, 2023

LinQuest Corporation, a leading provider of software solutions for the U.S. military and intelligence communities, recently announced the acquisition of Hellebore Consulting Group, a next-generation software engineering firm with expertise in DevSecOps software systems and solutions assisting high-priority missions that will safeguard the future of air dominance. This agreement strengthens the capacity of both organizations to assist AFMC and other Dayton clients with their digital transformation initiatives. Hellebore was founded in 2018 and is based in Beavercreek, Ohio, where it will collaborate with LinQuest's Integrated Analytics & Support Line of Business. President and CEO of LinQuest, Greg Young, said, “Hellebore’s experience with agile software development and its track record supporting the Air Force Life Cycle Management Center will catalyze LinQuest’s leading role in moving AFLCMC to a digital future.” He added, "This partnership with the Hellebore team will help enable our customers to advance the state-of-the-art in autonomous technologies." (Source – Businesswire) Hellebore Co-founders John Farrier and Dan Squibb, stated, "We are excited about this decision to partner with LinQuest." They also added, "Our combined teams bring full spectrum solutions to AFLCMC in software development, systems engineering, and mission systems software solutions." (Source – Businesswire) About LinQuest Corporation LinQuest is a national security space leading firm that facilitates military and intelligence operations via the development, integration, and operation of mission-critical systems and sophisticated digital solutions. It delivers highly valued, cutting-edge, and cost-effective technology solutions to government, civil, and commercial clients in the United States. Its services and products include the creation, testing, operation, and maintenance of mission-critical capabilities and projects ranging from sophisticated systems and architectures to very complex businesses formed of system families. By integrating technical and operational domain knowledge with process discipline, the business offers excellent performance across the life cycle of initiatives.

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CONSTRUCTION

Oldcastle APG Acquires Operations of Sterling Sand and Soil Mender Products

CRH | November 25, 2022

Oldcastle APG, a CRH company, has acquired the packaging operations of Sterling Sand and the soil business of Soil Mender Products. The acquisitions of its co-packing partners enable Oldcastle APG to extend its geographic position and production capabilities in high-demand, high-growth markets to best serve its customers. With operations in South Carolina and North Carolina, Sterling Sand is a leading regional manufacturer and distributor of specialty sands for industrial, construction, recreation and other end-market uses. An established co-packer for Oldcastle APG's Techniseal business, Sterling Sand is a key partner in the bagging and distribution of its polymeric sand products for customers in the Southeast US. The acquisition of Sterling Sand's packaging operations will enable Techniseal to achieve increased production capacity and market share growth potential in southeastern markets. Soil Mender Products is a leading regional manufacturer of lawn and garden solutions that promote soil health, biodiversity and outdoor aesthetics while supporting a thriving ecosystem. Located in northwestern Texas, it operates as a co-packer for Oldcastle APG's large retail customers in the Texas market. Soil Mender's advantageous geographic position, coupled with its exceptional product offerings and industry knowledge, effectively strengthen Oldcastle APG's Lawn & Garden business in the region. "As North America's leading provider of integrated and sustainable outdoor living solutions, we are excited to welcome Sterling Sand and Soil Mender Products to the APG Family as we enhance our Techniseal and Lawn & Garden manufacturing capabilities, With increased production and growth in the Carolinas, Texas and surrounding markets, we can continue to provide end-to-end outdoor living solutions to customers across the country." -Tim Ortman, President, Oldcastle APG. About Oldcastle APG: Oldcastle APG, a CRH Company, is an international provider of outdoor living and building materials, with industry-leading positions in hardscapes, concrete masonry, fencing and railing, bagged dry mixes, lawn and garden, pool finishes and composite decking. Oldcastle APG's signature brand portfolio includes Belgard, Echelon, Barrette Outdoor Living, Sakrete, Pebble Technology International and MoistureShield. About CRH: CRH is the leading building materials business in the world, employing c.73,000 people at c.3,200 operating locations in 29 countries. It is the largest building materials business in North America and in Europe and also has regional positions in Asia. CRH manufactures and supplies a range of integrated building materials, products and innovative end-to-end solutions which can be found throughout the built environment in a wide range of construction projects from major public infrastructure to homes and commercial buildings. A Fortune 500 company, CRH is a constituent member of the FTSE 100 Index, the EURO STOXX 50 Index, the ISEQ 20 and the Dow Jones Sustainability Index (DJSI) Europe. CRH is ranked among sector leaders by Environmental, Social and Governance (ESG) rating agencies.

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