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Crossplane Capital Announces Equity Investment In Viking Fence

Feb 09, 2023almost 3 years ago
AustinConstructionBuilding MaterialManufacturing

Investors

Crossplane Capital

Description

Crossplane Capital ("Crossplane"), a Dallas-based private equity firm, announced today that it has partnered with Sal Chavarria and current management to acquire a controlling interest in Viking Fence ("Viking" or the "Company"), a leading provider of fence rentals, sanitation rentals, fence installations and complementary building products and services to commercial and residential markets throughout Texas.

Company Information

Company

Viking Fence

Location

Austin, Texas, United States

About

Viking Fence Co., Ltd. is a leading provider of temporary site services (temporary fence, sanitation, and portable storage), permanent fence installations, and complementary building products to commercial and residential markets throughout Texas. The company was founded in 1972 and has additional branch locations in Dallas, Fort Worth, and Houston. With a strong presence in the market, Viking Fence aims to provide quality services and products to its customers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers