C.W. Downer & Co. Advises Insituform on Acquisition of Hockway
C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Insituform Technologies, Inc. has completed its acquisition of the business and assets of UK-based Hockway Limited and the capital stock of Hockway Middle East FZC, based in the United Arab Emirates (collectively known as “Hockway”). The transaction closed on August 2, 2011 for a purchase price of $4.6 million with up to an additional $1.5 million payable upon achievement of certain performance targets during the...
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