BBH Capital Partners Completes Investment In DynaGrid Holdings, LLC
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NEW YORK, Jan. 13, 2021 /PRNewswire/ -- BBH Capital Partners (BBHCP) today announced that it has completed a strategic growth investment in DynaGrid Holdings, LLC (DynaGrid) in partnership with the existing management team and founding owners. Headquartered in Dallas, DynaGrid is one of the largest independent providers of subgrade and sitework services for electric utility transmission infrastructure. The company performs essential and technical services that are required to upgrade, harden and expand transmission infrastructure. DynaGrid's co-founders, Chief Executive Officer Charlie Ferrara and Chief Financial Officer Kendrew Witt, remain in their current roles and will continue to retain significant ownership in the company and serve on DynaGrid's board of directors. In conjunction with BBHCP's investment, Mark Roberts, founder and longtime CEO of North American Substation Services, Inc. (NASS), has joined the company's board. BBHCP previously partnered with Roberts as an investor in NASS. DynaGrid was a portfolio company of CIC Partners, a Dallas-based middle-market private equity firm.