Sector
Specialty Services
Industry
Structural Concrete Restoration
Transaction Type
Majority Recapitalization
Status
Current Investment
Website
Lead Partner
Business Description
Headquartered in Baltimore, MD, Concrete Protection & Restoration (“CPR”) is a leading provider of critical concrete restoration and rehabilitation services, offering technical repair, maintenance, and protection solutions to ensure the structural integrity of high-rise (3+ stories) condominium & multi-family, commercial, hospitality, medical, education, and other building and structure types within related end markets.
CPR maintains a comprehensive set of technical structural services, including post-tension tendon repairs, structural strengthening & stabilization, protective coatings, waterproofing, shot blasting, hydro-demolition, and epoxy injection. CPR benefits from the critical nature of structural repairs, which are essential for ensuring tenant and resident safety, maintaining insurance & financing, and meeting increasingly regulatory-driven requirements.
Transaction Overview
KLH partnered with CPR’s management team to recapitalize the business and support its vision of accelerating growth and continuing to expand its service offerings throughout the United States. KLH structured an investment that provided liquidity for the existing shareholders, offered equity to key executives, and established a capital structure that provided capacity for continued growth.
