Press Release

 

Caddo Lake Capital Advises on the Sale of Pride Utility Construction Co. to Future Infrastructure Holdings

 

Las Colinas, TX – October 30, 2020 – Caddo Lake Capital (“CLC”) is pleased to announce its role as the exclusive M&A advisor to Tower Arch Capital and Future Infrastructure in its acquisition of Pride Utility Construction Co. The acquisition marks a significant step in the strategic growth of Future’s service offerings in the underground utility infrastructure sector.

 

Founded in 1991 and headquartered in Gainesville, Georgia, Pride specializes in the installation and upgrade of underground utility infrastructure, with a strong focus on supporting regulated natural gas service providers. The company’s extensive expertise includes the installation of steel and plastic distribution lines, regulator stations, horizontal directional drilling, and other specialty services.

 

This transaction aligns with Future Infrastructure’s long-term growth strategy. Based in Mesquite, Texas, Future is a regional leader in communications infrastructure and utility services, offering a wide range of specialized solutions, from urban utility installations to disaster recovery and pipeline services. The acquisition of Pride allows Future to expand its footprint in the utility infrastructure sector and broaden its service capabilities to regulated natural gas providers.

 

About Caddo Lake Capital

 

Based in Las Colinas, TX, Caddo Lake Capital is an M&A advisory firm that operates at the intersection of entrepreneurship and capital markets, providing strategic pathways for successful mergers and acquisitions. With decades of experience representing both buyers and sellers in private markets, CLC offers a unique perspective on the transactional needs of investors and business owners alike.

 

For more information, contact Marc Hoster at marc@caddolakecapital.com