Grupo Terratest, a Madrid, Spain-based ground engineering firm, received a majority equity investment from Platinum Equity.
The terms of the transaction were not disclosed. Platinum Equity Partner Jacob Kotzubei, who executed the investment, will work with Mr. Torres and Terratest’s executive management team to support its continued expansion worldwide.
Led by CEO Enrique Torres, Grupo Terratest is a specialized international contractor providing foundation work, ground improvement and micro-tunneling services for large-scale infrastructure projects and industrial, commercial and residential construction.
It is present throughout Europe, Latin America, Africa and the Middle East.
FinSMEs
29/10/2014