CROM, LLC has acquired CFG Industries to enhance its water infrastructure service offerings and expand its market reach in Texas.
Target Information
CROM, LLC ("CROM"), a leading provider of water infrastructure solutions based in Gainesville, FL, has announced the acquisition of CFG Industries ("CFG"). CFG is headquartered in Houston, TX, and specializes in offering essential infrastructure services. This acquisition represents CROM's strategic move to enhance its operational capabilities and geographic footprint within the water services sector, making it the second acquisition for the company in 2025.
Founded by industry expert David Cadriel, CFG Industries offers a diverse array of services, including protective coatings, structural repairs, underground utilities, electrical systems, lift station rehabilitation, and custom welding and fabrication. By incorporating these specialized services, CROM significantly bolsters its portfolio in water and wastewater infrastructure, particularly for municipal entities.
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Industry Overview
The water infrastructure industry is vital for urban and rural communities, focusing on the design, construction, maintenance, and restoration of essential water and wastewater facilities
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CROM, LLC
invested in
CFG Industries
in 2025
in a Other Private Equity deal