Bluejay Capital’s Pacific West has acquired Coleman Industrial Construction in the Midwest, according to PE Hub. The transaction was reported by PE Hub in an item dated “1 day ago,” with no purchase price disclosed, according to PE Hub.
Parties and transaction
The buyer is Pacific West, which PE Hub described as part of Bluejay Capital, according to PE Hub. The target is Coleman Industrial Construction, which PE Hub characterized as operating in construction and industrial services tied to rail and industrial facilities, according to PE Hub.
PE Hub placed the deal under the “Industrial/Manufacturing” category and tagged it “US,” according to PE Hub.
Coleman Industrial Construction: history and footprint
Coleman Industrial Construction was founded in 1979, according to PE Hub. The company provides construction, renovation, environmental, maintenance and repair services for rail and industrial facilities, according to PE Hub.
Coleman Industrial Construction is based in Kansas City, Missouri, according to PE Hub. The company primarily serves Class I railroads, according to PE Hub.
What was and was not disclosed
PE Hub’s item stated that Pacific West acquired Coleman Industrial Construction, but it did not disclose financial terms such as purchase price or financing details, according to PE Hub. PE Hub’s publicly visible text also did not name advisers, co-investors, or a seller, according to PE Hub.
Widely-known context (not specific to this deal)
Class I railroads are the largest freight rail carriers in the United States under industry classification, a commonly used term in North American freight rail. Kansas City, Missouri is a major rail hub in the central U.S. rail network.
