Concrete Pumping Holdings, Inc. (CPH), a leading name in concrete pumping and waste management services across the US and UK, has announced the successful acquisition of Pioneer Concrete Pumping Service, Inc. This strategic move, finalized on November 2, 2021, significantly broadens CPH’s footprint in the high-growth markets of Georgia and Texas.
Pioneer Concrete Pumping Service, headquartered in Atlanta, Georgia, brings to the table decades of industry experience and a strong reputation for delivering high-quality concrete pumping services. With additional operations in Dallas and San Antonio, Texas, Pioneer boasts a skilled team and a substantial fleet of 83 operating units. The acquisition, valued at $20.1 million in cash, is set to enhance CPH’s market position and service capabilities considerably.
This acquisition marks a significant step in CPH’s strategy to consolidate and expand within the fragmented concrete pumping sector. By integrating Pioneer, CPH not only increases its operational scale but also enhances service offerings for customers in key regions. Brundage-Bone and Pioneer clients are expected to benefit from a wider array of services and improved fleet availability, ensuring projects are completed efficiently and effectively. Furthermore, Pioneer’s customer base will now have access to CPH’s innovative Eco-Pan concrete waste removal services, presenting a compelling synergy and added value.
Bruce Young, CEO of CPH, stated, “The acquisition of Pioneer Concrete Pumping Service perfectly aligns with our strategic initiatives focused on geographic expansion and responsible business growth. Pioneer’s established presence and respected operations in Georgia and Texas make it an ideal addition to our portfolio. We are confident that combining the strengths of both companies will drive continued growth and allow us to capitalize on robust long-term demand in these regions and across all our markets.”
The integration of Pioneer Concrete Pumping Service is anticipated to leverage the strengths of both organizations, creating a stronger, more versatile service provider in the concrete pumping industry. CPH’s proven track record of successful acquisitions positions them well to integrate Pioneer smoothly and realize the expected benefits, further solidifying their leadership in the concrete pumping and concrete waste management sectors.
About Concrete Pumping Holdings
Concrete Pumping Holdings is the premier provider of concrete pumping services and concrete waste management solutions in the US and UK. Operating under the well-recognized national brands Brundage-Bone in the US, Camfaud in the UK, and Eco-Pan for waste management across both regions, CPH is uniquely positioned in the market. The company’s extensive fleet of specialized equipment and highly trained operators deliver significant value to construction projects by improving labor efficiency, reducing project timelines, enhancing safety, and ensuring superior construction quality. Eco-Pan, a complementary service, offers comprehensive and compliant concrete washout solutions, addressing critical environmental concerns in the industry. As of July 31, 2021, CPH operated approximately 90 locations across 19 states in the US, around 30 locations in the UK, and 16 route-based Eco-Pan service locations in the US, with one shared location in the UK. For additional information, please visit www.concretepumpingholdings.com and brand websites: www.brundagebone.com, www.camfaud.co.uk, and www.eco-pan.com.
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