Date: December 2022
Client: American Backhoe Services & Excavating Co., LLC.
Sale to: Gold Leaf Capital Partners
Sector: Supply Chain, Construction, & Facility Services
Industry: Construction Services & Contracting
Houlihan Capital (Chicago, IL) acted as sell-side advisor on the sale of American Backhoe Services, a premier excavating and electrical contractor, to Gold Leaf Capital Partners (acquisition lead by Jeffrey Wright, CEO). The transaction closed on December 20, 2022.
Founded in 2003 and headquartered in University Park, IL, American Backhoe Services (“ABS” or the “Company”) is a leading excavating and electrical contractor in the Chicagoland area. The Company focuses on excavation, storm water detention systems, underground site utilities, and commercial electrical projects (interior and exterior lighting).
Houlihan Capital represented and advised the leadership team at ABS as it conducted a comprehensive process to identify and initiate discussion with strategic and financial acquirers.
For more information on this transaction, please contact:
Chuck Fenske, CVA