Concrete Pumping Holdings acquires Pioneer for $20.1M in cash, expands in GA/TX

Concrete Pumping Holdings, Inc.

Acquired Pioneer Concrete Pumping Service for $20.1M in cash; includes 83 units of operating equipment.
Pioneer is headquartered in Atlanta, GA with additional locations in Dallas and San Antonio, TX.
Acquisition enhances CPH's positioning in fragmented concrete pumping market, especially Texas and Georgia.
Expected to provide customers with expanded fleet availability and access to Eco-Pan concrete waste removal services.
CEO Bruce Young cited consistent execution of acquisition strategy at valuation in line with proven criteria.

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