Griffin Dewatering, a portfolio company of Crossplane Capital, a Dallas-based private equity firm, purchased the Pump & Integrity Rental segment of Cross Country Infrastructure Services.
"The acquisition of Pump & Integrity is an important step in positioning Griffin as a mission critical, comprehensive water management platform with a national footprint," said Mike Sullivan, partner of Crossplane Capital. "Pump & Integrity brings a talented management team and a fleet of specialized equipment to Griffin that will allow the combined company to provide deep capabilities for both ground and surface water management."
Originally founded in 1978, Pump and Integrity is a specialty pump and equipment rental and solutions provider serving customers in the industrial, commercial, construction, and energy and renewables end markets. Pump & Integrity's fleet of rental pumps and ancillary equipment, together with its operational and technical expertise, provides mission critical pump-based systems and solutions across a broad spectrum of applications including water transfer, bypass and pipeline maintenance.
The diverse array of applications and new end markets Griffin will be able to address going forward positions the company as a uniquely strategic solutions provider of rental focused pump services.
