CQL Acquires Fourth-Generation Concrete Equipment Maker

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Private Equity

CQL Acquires Fourth-Generation Concrete Equipment Maker

peprofessional

4 months ago

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CQL Capital has acquired Erie Strayer, a fourth-generation, family-owned manufacturer of concrete batching plants and equipment used by ready-mix and paving contractors.

Co-investing in the transaction in partnership with CQL Capital is Star Mountain Capital as lead co-investor, along with UMB Private Investments, Tecum Capital, Brookside Capital Partners and Everside Capital Partners.

Erie Strayer’s product portfolio includes the Heavy-Duty Tilt Drum Mixer, which mixes large volumes of co...

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