Investing in Infrastructure: Compass Group's Partnership with Anderson UnderBridge

Critical infrastructure is essential for the growth and development of any country, and bridges are one such aspect that require proper maintenance and inspection. The recent partnership between Compass Group Equity Partners and Anderson UnderBridge is a step towards creating a full-service critical infrastructure company catering to the needs of bridge infrastructure.

Compass Group Equity Partners, a St. Louis-based private equity firm specializing in growing lower-middle-market companies, has invested in Anderson UnderBridge, a manufacturer and rental operator of mobile bridge inspection trailers and trucks utilized in the inspection and maintenance of bridge infrastructure. With this investment, Anderson UnderBridge will be able to expand its new bridge inspection equipment, rental fleet, and certification services globally.

Anderson UnderBridge was founded in 2005 and employs approximately 50 people. The company operates from a robust, 54,000 square foot manufacturing facility in York, South Carolina. Anderson provides under-bridge equipment to State DOTs, municipalities, contractors, and engineers.

The partnership between Compass Group and Anderson UnderBridge is a significant step towards the creation of a full-service critical infrastructure company. The investment will help Anderson UnderBridge expand its manufacturing capabilities and grow its rental footprint of under-bridge equipment and related services. The team will also be evaluating acquisition opportunities to bolster the service offering to establish Anderson as the premier, one-stop-shop for critical infrastructure equipment and services.

Compass Group Vice President, John Hubert, stated, "We are thrilled to partner with the Anderson team as they enter a new growth phase. As we expand manufacturing capabilities and grow our rental footprint of under-bridge equipment and related services, the team will also be evaluating acquisition opportunities to bolster the service offering to establish Anderson as the premier, one-stop-shop for critical infrastructure equipment and services."

The nation's backlog for bridge repairs is estimated at $125 billion, and the passage of the Bipartisan Infrastructure Law allocates over $40 billion in funding for bridge projects. Investing in critical infrastructure is crucial for the growth and development of the country, and this partnership between Compass Group and Anderson UnderBridge is a step towards achieving that goal.

In conclusion, the partnership between Compass Group and Anderson UnderBridge is a step towards creating a full-service critical infrastructure company catering to the needs of bridge infrastructure. The investment will help Anderson UnderBridge expand its manufacturing capabilities and rental footprint of under-bridge equipment and related services. This partnership comes at a crucial juncture, with the country's backlog for bridge repairs estimated at $125 billion and the allocation of funding towards bridge projects. Investing in critical infrastructure is crucial for the growth and development of the country, and this partnership is a step towards achieving that goal.