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Greenville-based Action Concrete Pumping acquired by Colo. firm

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Staff Report
gsanews@scbiznews.com
Published Dec. 1, 2015

Colorado-based Brundage-Bone Concrete Pumping Inc. has acquired Action Concrete Pumping Inc. in Greenville, as well as two companies in Summerville, A.J. Concrete Pumping LLC and Kenyon Concrete Pumping Inc.

Brundage-Bone operates 65 locations in 17 states. The latest transactions will extend the company’s footprint in the Southeast from its current locations in Atlanta and Nashville, Tenn.

“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,” said Brundage-Bone CEO Bruce Young.

Matt Homme, managing director of Peninsula Pacific, which holds a majority interest in Brundage-Bone, said “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.”

Terms of the transactions were not disclosed.

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