GP Capital Partners Invests in Formwork Services and Supply, LLC
HOUSTON, May 24, 2022 /PRNewswire/ -- GP Capital Partners, LP ("GP Capital Partners") is pleased to announce its recent investment in Formwork Services and Supply, LLC ("Formwork" or the "Company"), an industry-leading independent provider of complete concrete forming and shoring solutions to the industrial, petrochemical, water treatment, power, infrastructure, sports, medical, and commercial building construction markets.
- HOUSTON, May 24, 2022 /PRNewswire/ -- GP Capital Partners, LP ("GP Capital Partners") is pleased to announce its recent investment in Formwork Services and Supply, LLC ("Formwork" or the "Company"), an industry-leading independent provider of complete concrete forming and shoring solutions to the industrial, petrochemical, water treatment, power, infrastructure, sports, medical, and commercial building construction markets.
- Texas Capital Bank provided a revolving line of credit to support the working capital needs of the company.
- Mike Bishop, Founder and Chief Executive Officer of Formwork, said, "I am excited to partner with Freestone and GP Capital Partners.
- Curtis Hartman, Managing Partner of GP Capital Partners, commented, "We are pleased to partner with Formwork and Freestone to drive continued success of this great company.