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Crescent Capital dredges exit pathway at Hall Contracting


Crescent Capital dredges exit pathway at Hall Contracting
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Australian private equity firm Crescent Capital is ready to mull exit options for its dredging, civil and marine construction company, Hall Contracting.
Street Talk understands Crescent Capital, which acquired a majority stake in Hall Contracting late in 2017, recently invited investment banks and advisory firms to pitch for the sell-side mandate.
Hall Contracting was recently hired to help upgrade the Port of Townsville.  
Glenn Hunt
Sources were pointing at independent firm Houlihan Lokey as the most likely to be mandated.
Hall Contracting is Australia’s largest privately-owned civil construction, dredging and marine civil works company, signing contracts to dredge sea channels at ports, upgrading dams and the like. ....

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