Public Press Release
SOUTHLAKE, Texas, and LITTLETON, Colorado– May 6, 2010 – Insight Equity Holdings LLC (“Insight Equity”), the Dallas, Texas-area private equity firm, is proud to announce its acquisition of a controlling interest in American Civil Constructors Holdings, Inc. (“ACC”), which may merge with one of Insight Equity’s existing portfolio companies at a later date. With approximately four decades of experience, ACC is one of the nation’s premier civil and landscape construction companies. ACC has a geographically diverse client base through its operation hubs in Denver and the San Francisco Bay Area. ACC is a preeminent provider of road rehabilitation and paving services, bridge construction and repair, reservoir and culvert construction, sports field and golf course construction, as well as commercial landscape construction.
Conner Searcy, a Partner at Insight Equity, commented, “We are very pleased to add ACC to the Insight Equity Portfolio and are looking forward to working closely with its management team and workforce to capitalize on the growing opportunities ahead. With a leading share in its markets, ACC is well positioned to benefit from increased highway and related infrastructure spending in the coming years. Insight Equity continues to have a very strong interest in investing in infrastructure construction businesses.”
About American Civil Constructors
American Civil Constructors (www.acconstructors.com) has a strong reputation for exceptional service and commitment to client satisfaction providing construction and maintenance services to the civil and landscape industries. The company provides heavy civil project construction services, including bridges, tunnels, highways, and underground utilities; tanks, and concrete structures construction services, as well as specialty work, such as low clearance pile driving, bridge jacking, hinge replacement, and foundation strengthening; and heavy infrastructure services, including earthmoving, drainage, site and structural concrete, road construction, and site development. With approximately four decades of experience, American Civil Constructors has been responsible for many well known projects including Fossil Trace Golf Course, Coors Field, the seismic retrofitting of Bay Bridge in San Francisco and Bethel Island Development. The company was founded in 1975 and is headquartered in Littleton, Colorado.
About Insight Equity
Insight Equity (www.insightequity.com) makes controlling investments in strategically viable, middle market, asset intensive companies across a wide range of industries. Insight Equity specializes in partnering with companies in complex and challenging situations, including corporate divestitures, bankruptcies, restructurings, and private family ownership. The firm leverages a proven, collaborative value creation model to facilitate operating enhancements and growth.