BOSTON--(BUSINESS WIRE)--H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $40 billion of equity capital under management, is pleased to announce that one of its affiliates has made a significant investment in Construction Forms, Inc. (“Con Forms” or the “Company”), a leading manufacturer of engineered, abrasion-resistant piping systems and accessories for concrete, mining, power generation, and other industrial applications. H.I.G. is partnering with the existing family shareholders as well as the current management team to capitalize on and accelerate the Company’s significant strategic growth opportunities.
“This investment from H.I.G. is a big vote of confidence in our brand and ability to grow further. I look forward to assisting H.I.G. and the current management team in that growth effort.”Tweet this
Founded in 1969 and headquartered in Port Washington, WI, Con Forms is the global leader in concrete pumping systems and replaceable components, with a proven, 50-year track record of best-in-class quality and total cost of ownership. The Company operates manufacturing facilities in Port Washington, WI and Warstein, Germany, and leverages an extensive team of engineers and industry experts to develop and deliver high quality, cutting edge products and solutions to support a wide variety of critical industrial applications. The Company’s brands include Con Forms, Esser, and UltraTech.
Con Forms’ long-tenured and expanding customer base includes leading concrete-pumping service providers, OEMs, engineering firms, and distributors. The Company’s products, ranging from consumable parts and accessories to highly engineered material conveyance systems, provide mission-critical support to some of the most notable and complex construction and concrete placement projects across the globe.
“It has been an exciting journey building up Con Forms, Esser, and UltraTech over the past 8 years,” said Tom Hamilton, CEO at Con Forms. “This investment from H.I.G. is a big vote of confidence in our brand and ability to grow further. I look forward to assisting H.I.G. and the current management team in that growth effort.”
“Con Forms has built a strong, global brand with a well-earned reputation for quality and performance,” said Todd Ofenloch, Managing Director at H.I.G. “We look forward to working closely with the Con Forms management team as they lead the organization and pursue continuing organic and inorganic growth.”
About Con Forms
Construction Forms, Inc. is a global provider of abrasive resistant piping to the concrete and diversified industrial end-markets. For fifty years, Construction Forms’ dedication to excellence in product performance and customer service has positioned the organization as a leader in the U.S. and around the world. Headquartered in Port Washington, Wisconsin, Construction Forms has additional locations in California, the United Kingdom, and Germany.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with $40 billion of equity 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:
Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments managed by H.I.G. Capital and affiliates.