Brundage-Bone Concrete Pumping, Inc., a leading provider of concrete pumping services in the U.S., announced today that it has completed three strategic acquisitions that will expand the company’s presence in the southeastern U.S. The company has acquired Action Concrete Pumping, Inc., which is based in Greenville, South Carolina, and has operations in Knoxville, Tennessee; Birmingham, Alabama; and Augusta, Georgia. Brundage-Bone also acquired two businesses in Charleston, South Carolina: AJ Concrete Pumping, LLC, and Kenyon Concrete Pumping, Inc. Terms of the three transactions were not disclosed.
Brundage-Bone currently operates 65 locations in 17 states, ranging from the Pacific Northwest through the Southeast regions of the country. The latest transactions will extend the company’s footprint in the Southeast from its current Atlanta and Nashville locations.
Bruce Young, CEO of Brundage-Bone, stated, “We enthusiastically welcome the employees of these three highly regarded concrete pumping companies to Brundage-Bone. We believe that their talent and our operational expertise will combine to create a level of unparalleled service to our loyal customers in the Southeast. This area has become a highly attractive growth market, given strong demographic trends and robust economic fundamentals in the region.”
Matt Homme, managing director of Peninsula Pacific, which holds a majority interest in the company, added, “We believe these acquisitions will provide Brundage-Bone with a strong operational presence across South Carolina, while also augmenting the company’s footprint in Tennessee, Alabama and Georgia. We view these transactions as important milestones as we continue to expand the company’s operations in attractive markets across the Southeast.”