SCR Construction Co., Inc. has been Acquired by Gibson & Associates, Inc.
HOUSTON, TEXAS (September 2, 2016) – Statesman Corporate Finance, LLC (“Statesman”) is pleased to announce that SCR Construction Co., Inc. (“SCR”) has been acquired by Gibson & Associates, Inc. (“Gibson”). Both SCR and Gibson are industry leaders in their respective service lines and disciplines.
About SCR Construction, Inc.:
SCR Construction Co., Inc. was incorporated by Steve Roberts in 1986 in Sugar Land, Texas. SCR was created with the vision of providing high quality highway and bridge repairs to local and state governmental entities. SCR has developed a well-earned reputation for innovation in bridge repair, using new and creative technology to implement state of the art techniques. The “quality initiative” approach by management and field personnel has built a solid level of comfort with the Texas Department of Transportation. Over the years, the company has grown to serve the entire state of Texas. SCR’s crews repair roads and bridges on highways from Beaumont to El Paso, from Harlingen to Dalhart. In addition to an impeccable reputation for quality, SCR has several key employees each with over 30 years of experience in the industry. SCR specializes in the following services: bridge rehabilitation, roadway repairs, bridge repairs, new bridge construction, marine bridge repair, concrete slip form rail, cable barrier, and suspension bridge repair.
About Gibson & Associates, Inc.:
Gibson & Associates, Inc. is a heavy highway contractor located in Balch Springs, Texas. The corporation was established in 1985 by William J. Gibson. Gibson works throughout the state of Texas for many governmental agencies and municipalities. Gibson is licensed to work in Arkansas, Oklahoma, Kansas, Louisiana, Mississippi, Florida and Tennessee. Gibson is a general contractor that ventures into all types of heavy highway construction projects. Gibson has a focused specialty in bridge rehabilitation projects. Gibson has completed 1,650 projects in their 30 year history, including 750 bridge rehabilitation projects. The Company has expertise in the following service areas: bridge rehabilitation, epoxy injection, concrete paving, bridge jacking, structural repairs, parking structures, dams, tunnels, structural repairs of high rise buildings, structural strengthening systems and trolley and rail work. Gibson holds itself to the highest standards of quality, safety and integrity.
Statesman Corporate Finance, LLC is a leading middle market investment bank with offices in Houston and Austin, Texas, providing merger and acquisition sell-side, buy-side, and general corporate financial advisory services to middle-market companies. The Statesman team managing this engagement included Managing Director Sid Shaver and Associate Walker French.