The April 2026 edition of the Construction Materials Sector Update provides an in-depth look at full-year 2025 performance, key industry trends, and notable transaction activity across the construction materials landscape. This report offers a detailed view of how leading public and private companies navigated a dynamic operating environment in 2025 — and where the sector is…
Pump & Process and Legacy Environmental were acquired by CITCO Water
BIRMINGHAM, Ala. (March 26, 2026) – Founders is pleased to announce the acquisition of Pump & Process Equipment, Inc. (“Pump & Process”) and Legacy Environmental Process, LLC (“Legacy Environmental”) by CITCO Water, a portfolio company of Trivest Partners. Pump & Process and Legacy Environmental were exclusively advised by principals of Founders Advisors, LLC in this…
HRI, Inc. was acquired by Glenn O. Hawbaker, Inc.
BIRMINGHAM, Ala. (March 13, 2026) – Founders is pleased to announce that HRI, Inc, a subsidiary of Colas Inc., was acquired by Glenn O. Hawbaker, Inc. (“GOH”). Colas Inc. was exclusively advised by principals of Founders Advisors, LLC in this transaction. The transaction closed February 20, 2026. HRI, Inc. is a diversified construction company with expertise in highways, airports, bridges, water and wastewater treatment facilities, asphalt paving and site development…
Gridco has received growth investment from BayHawk Capital.