HCAP Partners, along with Crescent Peak and FVLCRUM Funds, has invested in Federal EC to support its acquisition and facilitate the expansion of its underground utility construction services.

Target Company Overview

Federal EC, LLC is an engineering and construction firm based in Woodstock, Georgia, founded in 2015. The company specializes in underground utility construction and trenchless technologies, providing essential services such as pipe and storm drain rehabilitation, trenchless pipe lining, utility construction and repair, and hydro-jetting. Federal EC's expertise in Cured-in-Place and Cast-in-Place pipe technologies allows for faster, more cost-effective, and less disruptive infrastructure repairs, addressing a rising demand from municipalities and utility companies to modernize their aging systems.

This investment by HCAP Partners, in collaboration with Crescent Peak and FVLCRUM Funds, aims to support the acquisition of Federal EC and fuel its further growth. The acquisition will enhance the company's trenchless rehabilitation services and contribute to modernizing critical stormwater and wastewater infrastructure.

Industry Overview

The underground utility construction industry in the United States is experiencing notable growth, driven by an urgent need to upgrade aging infrastructure across the country. With many municipalities facing challenges due