Origin Merchant Partners is pleased to announce the successful acquisition of Precise Structural Products (“Precise Structural”), a business unit of L.B. Foster Company, to Cianbro Fabrication and Coating Corporation (“Cianbro”). Origin Merchant Partners acted as the exclusive financial advisor to L.B. Foster Company and Precise Structural.
Precise Structural is engaged in manufacturing fabricated steel products for the highway, bridge, transit and construction markets. Precise Structural provides custom fabrication and related services including welding, sawing, cambering, blasting and painting. Precise Structural is headquartered in Georgetown, Massachusetts.
Cianbro is a provider of heavy industrial, civil construction and construction management services based in Pittsfield, Maine.
Origin Senior Lead: Bob Wujtowicz