Balmoral Advisors is pleased to announce that SurePods, a subsidiary of Oldcastle Infrastructure, has been sold to WND Ventures. Balmoral served as financial advisor to Oldcastle Infrastructure.
WND Ventures is a venture capital investment firm focused on changing the way things are done in the architecture, engineering and construction industry.
SurePods is a leading provider of prefabricated bathrooms in North America. Using BIM and lean manufacturing technology, SurePods works with customers from design to installation to produce custom, ready-to-install bathroom pods for hotels, hospitals, military barracks and multi-unit residential projects. Previous clients include Marriott, Hilton, Hyatt and IHG.
Terms of the transaction were not disclosed. Oldcastle Infrastructure was represented by Balmoral Advisors as sell-side M&A advisor and Eversheds Sutherland as M&A counsel on this transaction.
About Oldcastle Infrastructure, Inc.
Owned by CRH Americas, Oldcastle Infrastructure, Inc. is one of North America’s largest manufacturers of utility products and construction accessories for the telecommunications, energy, transportation, building structures and water markets. They offer comprehensive solutions for engineers, contractors, distributors, utility companies, government agencies and more.
About WND Ventures, Inc.
WND Ventures, Inc. is a venture capital investment firm focused on changing the way things are done in the architecture, engineering and construction industry. They work with entrepreneurs to prototype and implement solutions while providing a platform to incubate ideas and deliver more meaningful value to customers.