Construction
Businesswire | July 25, 2023
H.I.G. Capital, a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce that its portfolio company, Construction Forms, Inc. (“CFI”), has acquired Tricon Wear Solutions (“Tricon”). CFI is a leading provider of engineered, abrasion resistant piping systems and replaceable components for use in concrete pumping, mining, power generation, and other industrial end markets.
Headquartered in Birmingham, Alabama, with additional locations in Nevada and Illinois, Tricon is a leading manufacturer of abrasion, wear-resistant products, specializing in highly engineered steel plates and other fabricated products. Tricon serves customers across various end markets including pulp & paper, mining, and aggregates, and has industry- leading metallurgy, fabrication, and engineering capabilities.
“Together, Tricon and CFI will be a stronger, more diversified partner to new and existing customers globally with an expanded offering and strengthened value proposition,” says Stefan Brosick, CEO of CFI. “We are excited to welcome the exceptional Tricon team. CFI’s expanded portfolio will increase the breadth of our superior aftermarket solutions, all focused on delivering the lowest total cost of ownership for our customers.”
Todd Plate, President and CEO of Tricon, commented, “Both companies have a shared vision of a relentless focus on customer needs and safety. Together, we have decades of expertise in engineering solutions for challenging abrasion and wear resistance applications. Our partnership with CFI creates an expanded platform to serve customers in the most severe wear situations worldwide.”
John Von Bargen, Managing Director at H.I.G., added, “CFI’s partnership with Tricon is a transformative merger that creates a diversified leader in the industrial wear parts market. This is the first of what we hope will be several acquisitions further building upon CFI’s platform of leading wear parts companies.”
Combined, the CFI group of companies will have more than 350 employees with five U.S.-based manufacturing facilities and one in Europe. CFI serves customers globally in a wide range of industries including concrete pumping, mining, dredging, power generation, and pulp & paper.
About Tricon
Headquartered in Birmingham, Alabama, with additional facilities in Nevada and Illinois, Tricon is a leading manufacturer of abrasion, wear-resistant products, specializing in highly engineered steel plates and other fabricated products. Tricon serves customers across various end markets including pulp & paper, mining, and aggregates with its leading metallurgy, fabrication, and engineering capabilities. For more information, please visit https://www.triconwearsolutions.com/.
About CFI
Construction Forms, Inc. (“CFI”) provides engineered, abrasion resistant piping systems and replaceable components for use in concrete pumping, mining, power generation, and other diversified industrial applications. The Company’s brands – Con Forms, Esser, and Ultra Tech – are recognized globally for best-in-class quality and total cost of ownership. Founded in 1969, CFI has established a 50-year track record serving leading concrete-pumping service providers, OEMs, engineering firms, and distributors. The Company is headquartered in Port Washington, Wisconsin, with additional locations in Texas and Germany. For more information, please visit www.cficompany.com.
About H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with $57 billion of capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
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Engineering Tech, Construction
PR Newswire | July 24, 2023
At last month's Design-Build Institute of America Western Pacific Region's (DBIA-WPR's) 17th Annual Design-Build Awards Competition, Latitude 33 Planning & Engineering was honored with a "Design Excellence and Innovation Award" for the East San Diego County Assessor, Recorder and County Clerk (ARCC) Office and Archives Facility. The awards ceremony took place on Thursday, June 15, 2023 at the JW Marriott Resort in Anaheim, CA. These awards recognize projects which apply design-build best practices, including early integration of key team members and close coordination between the design and construction teams from inception to completion. Projects must be completed on time, on budget, and without litigation to be eligible for an award. This DBIA-WPR award signifies Latitude 33's outstanding client satisfaction and cooperative approach as part of a design-build team.
The East San Diego County ARCC Office and Archives Facility
The new East San Diego County ARCC Office and Archives Facility is the first Net Zero Energy archive facility in the United States. The 25,000-square-foot building combines several governmental and administrative departments in one locale, including property records, tax collecting, historical records, and civil wedding ceremonies, to name a few. Key features include a distinctive butterfly roof, a photovoltaic shade structure in the parking lot, and column-free interior spaces. Latitude 33 was involved in the site design, drainage and water quality design, utility design, fire access design, and infrastructure permitted through the County of San Diego, City of Santee, and Santee Fire Department.
Matt Semic, PE, President & Principal at Latitude 33, states, "Congratulations to The Miller Hull Partnership, LLP; C.W. Driver Companies; The County of San Diego; and all of the partners on this innovative project! It was an honor to be part of this team that exemplified the kind of collaborative spirit and successful outcomes that the DBIA awards seek to recognize. The first Net Zero Energy archive facility in the U.S. is exciting!"
Award-Winning Streak for Public Works Projects
The DBIA-WPR "Design Excellence and Innovation Award" for the ARCC Office and Archives Facility is one of five (5) awards that Latitude 33 has received recently for its public works projects. Other recent honors include:
The El Centro Library was awarded the "Project of the Year" award from The American Public Works Association (APWA) San Diego & Imperial Counties Chapter (May 2023).
The County of San Diego's The Youth Transition Campus (YTC) earned an APWA San Diego & Imperial Counties Chapter "Honor" award (May 2023).
The YTC was recognized with a national DBIA "Award of Merit" in the Federal, State, County, Municipal category (November 2022).
The YTC also earned a DBIA-WPR "Award of Merit" in the Outstanding Urban or Land Development Project category (August 2022).
About Latitude 33 Planning & Engineering
Founded in 1993, Latitude 33 Planning & Engineering offers a comprehensive, interdisciplinary approach to design. The firm provides public sector planning, land use planning, public outreach, entitlement services, civil engineering design, and surveying/mapping to public agencies, developers, and property owners. The firm's breadth of expertise includes aviation, life sciences, residential, education, healthcare, military, commercial/retail, civic, hospitality, and design-build projects. For more information, visit latitude33.com.
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Engineering Tech, Construction
Businesswire | August 03, 2023
Atwell announced today that it has acquired Bay Engineering, Inc., an engineering, surveying, and environmental firm headquartered in Annapolis, Maryland. The firm specializes in land development services for both public and private clients throughout Central and Southern Maryland. This acquisition continues to strengthen Atwell’s presence in the Mid-Atlantic, building upon the firm’sacquisition of Ben Dyer Associates, Inc.in 2022. The terms of the transaction were not disclosed.
Bay Engineering – together with its affiliate Bay Environmental, Inc. – provides technical consulting services for commercial, industrial, retail, and residential projects. Its services include engineering design, land surveying, land use and site planning, permit processing, stormwater management, environmental consulting, and more. The company has worked closely with local government agencies for years, supporting its clients’ real estate development needs.
“Alignment of mission and values is incredibly important to us,” said Tim Martin, President of Bay Engineering. “It’s clear to us that Atwell delivers high-quality results to their clients, with value placed on thorough communication and accuracy. We’re excited to expand our services to our clients and provide new opportunities for our employees.”
Established in 2000 by Tim Martin and Terry Schuman, Bay Engineering has grown to nearly 40 employees; many of whom are licensed professionals. The team members of Bay Engineering are passionate about giving back to their community, having provided pro-bono services on projects for Habitat for Humanity, Light House Shelter, The Chesapeake Bay Foundation, local public and private schools, and others.
“A shared passion for our work and a client-centric approach made this acquisition a great fit,” said Bill Anderson, Atwell’s Senior Vice President of Land Development in the U.S. East. “As Atwell’s presence continues to grow, so does our ability to deliver top-quality services to the local community. We look forward to providing clients in the Mid-Atlantic with even more capabilities within the Atwell family.”
Atwell continues to expand its geographic footprint, service offerings, and capabilities through organic growth and strategic acquisitions. Bay Engineering is Atwell’s sixth acquisition in the past nine months. Earlier this year, Atwell acquired Blueline, a 75-person civil engineering, land planning, and landscape architecture firm based in Kirkland, Washington, and DexBender, a 10-person environmental science and marine consulting firm based in Fort Myers, Florida.
About Atwell, LLC
Atwell, LLC is a national consulting, engineering, and construction services firm with more than 1,500 professionals located across the country. Creating innovative solutions for clients in industries such as real estate and land development, power and energy, and oil and gas, Atwell provides comprehensive turnkey services including land and right-of-way support, planning, landscape architecture, engineering, land surveying, environmental compliance and permitting, and project and program management.
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