Griffin Dewatering, a portfolio company of Crossplane Capital, a Dallas-based private equity firm, has acquired the Pump & Integrity Rental segment of Cross Country Infrastructure Services.
Founded in 1978, Pump & Integrity is a specialty pump and equipment rental and solutions provider serving customers in the industrial, commercial, construction, and energy and renewables end markets.
Pump & Integrity’s portfolio of rental pumps and ancillary equipment, together with its operational and technical specialisation, provides mission critical pump-based systems and solutions across a spectrum of applications including water transfer, bypass, and pipeline maintenance.
“The acquisition of Pump & Integrity is an important step in positioning Griffin as a mission critical, comprehensive water management platform with a national footprint,” said Mike Sullivan, partner of Crossplane Capital.
“Pump & Integrity brings a talented management team and a fleet of specialised equipment to Griffin that will allow the combined company to provide deep capabilities for both ground and surface water management.”
David Singleton, president and CEO of Griffin, stated: “We are excited to welcome the Pump & Integrity team to Griffin. Griffin and Pump & Integrity share a common culture centred around providing our customers the technical expertise required to solve their fluid management needs.”
The array of applications and new end markets Griffin will be able to address going forward positions the company as a solutions provider of rental-focused pump services.
Founded in 1934, Griffin Dewatering is a provider of groundwater control solutions in the US, and has experience in the country’s hydrogeology, allowing them to offer the design and permitting of groundwater control systems at a local level for the country’s general contractors.
