has been acquired by
Covan’s is a leading provider of industrial insulation installation, scaffolding, and asbestos abatement services.
has been acquired by
Covan’s is a leading provider of industrial insulation installation, scaffolding, and asbestos abatement services.
About
Covan's Insulation Company, Inc. ("Covan's" or the "Company") is a market-leading provider of industrial insulation installation, scaffolding, and asbestos abatement services primarily serving the Carolinas and Georgia.
Situation
Covan's engaged Croft & Bender to help the Company find a partner to provide shareholder liquidity and support the Company's continued growth. Croft & Bender worked with the Company to develop marketing materials, build a financial model, conduct management presentations, manage the diligence process, and negotiate with potential buyers.