BBH Capital Partners (BBHCP), a private equity strategy of Brown Brothers Harriman & Co., has completed a strategic growth investment in DynaGrid Holdings.
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 was a portfolio company of CIC Partners, a Dallas-based middle-market private equity firm.
Following the deal, DynaGrid’s co-founders, Charlie Ferrara, CEO, and Kendrew Witt, CFO, will remain in their current roles and continue to retain significant ownership in the company.
“DynaGrid’s management team has grown the company to be a clear market leader,” said Mike Boylan, managing director of BBH and co-manager of BBHCP. “The BBHCP team is committed to providing financial and strategic resources to h