ST. LOUIS (March 24, 2020) – Green Peak Capital Partners (“Green Peak”), a St. Louis-based thematically focused private equity firm, announced the launch of its critical infrastructure investment platform, GPCP Critical Infrastructure Platform, LLC (“CIP”), with the acquisition of Plattin Creek Excavating, LLC (“PCX”).
“We’re excited to bring onboard Plattin Creek Excavating as the centerpiece of our new platform,” said Russell Williams, Managing Partner of Green Peak Capital Partners. “We’re equally proud to have assembled a high-quality, experienced leadership team to guide these businesses forward.” Green Peak’s goal for CIP is to be a premier specialty construction platform providing services to utility, commercial, and infrastructure rehabilitation clients. CIP is actively seeking acquisition opportunities to add capabilities, expand into new geographies, and access complimentary end-markets.
Founded in 2001 by Michael Harman, Jr., PCX provides site development services for commercial buildings, roads and bridges, and other structures, as well as the installation and maintenance of various transmission and site-specific water, wastewater, and sewer utilities. The firm’s clients include contractors, construction managers, utilities, governmental entities, and institutional clients throughout the St. Louis region.
Mike commented, “We are proud of what PCX has achieved in its 19-year history. The company has grown from an owner-operator to a highly capable and respected contractor recognized for our commitment to safety, talented people, and quality of work. As our growth began accelerating, it reached a point where I felt it made sense to engage with a strong business partner to help continue that trajectory. I chose Green Peak because of the team’s approach, operational focus, and access to resources needed to support continued growth. More importantly, I view the Green Peak team as collaborative partners who share my values in building a strong future for the company.”
The CIP platform, headquartered in St. Louis, will provide clients commercial site development, utility installation, maintenance, and repair, and other construction services related to reinvigorating domestic transportation, communication, and water and wastewater infrastructure.
Terms of the transaction were not disclosed. Matt Schneider of Husch Blackwell, LLP served as legal counsel to Green Peak; Rubin Brown served as accounting advisor; and Peoples National Bank provided acquisition financing.
About Green Peak Capital Partners
Green Peak Capital Partners is a St. Louis-based thematically focused private equity firm driven to seek out and acquire value-enhanced business models in the lower middle-market. Green Peak’s investors are comprised of family offices, institutional investors, and the principals of Green Peak. By leveraging the expertise of our team, in addition to capital, Green Peak provides operational support and resources to aid management teams in exceeding historical performance and accelerating sustainable growth.
About the GPCP Critical Infrastructure Platform, LLC
The GPCP Critical Infrastructure Platform LLC is focused on building a platform of complimentary holdings to provide niche construction services that support our nations’ transportation, communications, and water and wastewater infrastructure. Target construction services include commercial site development, utility installation, maintenance, and replacement, demolition, environmental remediation, and similarly related services. These capabilities allow general contractors, commercial developers, governmental entities, and other customers to reduce cost and risk while reinvigorating our nations’ transportation, communication, and water and wastewater infrastructure.
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