BOSTON September 22, 2020 – 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), 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 Con Forms significant strategic growth opportunities.
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. Con Forms operates manufacturing facilities in Port Washington, WI and Warstein, Germany, as well as distribution and service centers in Gardena CA and Cwmbran South Wales, England. The Company leverages an extensive team of engineers and industry experts to develop and deliver high quality 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. Its products, ranging from consumable parts and accessories to highly engineered material conveyance systems for mining and industrial applications. It’s established value-proposition is based on providing mission-critical support to some of the most notable and complex construction 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.”
The current senior leadership team will remain; and is committed to ConForms continued success. Pat Bartling has been promoted to President and CEO, while Tom Hamilton will serve on the Board of Directors along with remaining a minority owner.
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.