Concrete Pumping Holdings, Inc.

Business model and brands

• Delaware corporation and holding company for concrete pumping and concrete waste management services.
• Primary brands and geographies:
  • U.S. concrete pumping: Brundage-Bone Concrete Pumping, Inc. (brand leader in the U.S.)
  • U.K. concrete pumping: Camfaud Group Limited and Premier Concrete Pumping (equipment rental without an operator)
  • Eco-Pan: concrete waste management services in both the U.S. and U.K.

Core offerings

• Concrete pumping services: truck-mounted pumps with operators in the U.S.; equipment rental in the U.K.
• Concrete washout and waste management (Eco-Pan): waste pan/container delivery, pickup, and disposal.

Cross-sell strategy

• Eco-Pan services are sold to existing concrete pumping customers with planned expansion across the U.S. and U.K.

Segments and revenue mix (year ended Oct 31, 2025)

• U.S. Concrete Pumping: 66% of total revenue
• U.S. Concrete Waste Management (Eco-Pan): 19% of total revenue
• U.K. Operations (pumping and Eco-Pan): 15% of total revenue

Customers

• More than 16,000 customers across the U.S. and U.K.
• Top 10 customers represent less than 10% of total revenue.
• Top 100 customers have an average tenure of more than 25 years and retain roughly 100%.

Workforce and operations

• Approximately 1,530 employees globally (as of Oct 31, 2025):
  • ~1,010 highly skilled equipment operators and mechanics
  • ~200 managers
  • ~40 in sales
  • ~60 dispatchers
• Fleet operated by about 880 employees.
• Union representation: ~100 U.S. employees across California, Oregon, and Washington (IUOE under three CBAs).
• Employee tenure: pump operators average about 5 years; regional managers average ~30 years of experience.

Fleet and equipment (owned fleet; as of Oct 31, 2025)

• Total fleet: ~1,520 units
• Composition (approximate):
  • 850 boom pumps (20–66 meters)
  • 90 placing booms
  • 25 telebelts
  • 405 stationary pumps
  • 150 concrete waste management trucks
• Average fleet age: ~8 years
• U.S. footprint: ~1,000 pumps across ~95 locations in 23 states
• U.K. footprint: ~370 pumps across ~35 locations (Camfaud and Premier)
• Eco-Pan presence in the U.K. is integrated with Camfaud locations
• Estimated market share by fleet size (as of Oct 31, 2025): ~17% in the U.S. and ~30% in the U.K.

Geography and locations

• Global footprint: ~150 locations
• U.S.: ~95 locations across 23 states
• U.K.: ~35 locations
• Corporate office: Thornton, Colorado (leased facility)

Corporate structure and governance

• Holdings company with operations conducted through wholly-owned subsidiaries.
• Operating brands include Brundage-Bone (U.S.), Camfaud (U.K.), Premier Concrete Pumping (U.K. equipment rental), and Eco-Pan (washout services U.S. and U.K.).

Financial snapshot highlights (selected)

• Indebtedness outstanding: $425.0 million (7.500% Senior Secured Second Lien Notes due 2032).
• Availability under the ABL Facility: $315.1 million.
• Goodwill on the balance sheet: $223.6 million (as of Oct 31, 2025).
• Fleet size: ~1,520 units; workforce: ~1,530 employees; locations: ~150 globally.

Intellectual property and cyber

• Reliance on specialized manufacturing and IT systems, with ongoing cybersecurity and disaster recovery efforts.

Safety, environmental and regulatory posture

• In-house safety department and location-based safety trainers.
• Environmental compliance programs across U.S. and U.K. operations and potential remediation and regulatory costs acknowledged.
• Eco-Pan provides wastewater/washout solutions to address environmental concerns on construction sites.

Operations and pricing

• U.S. pumping: time-and-volume, project-based pricing model.
• U.K. pumping: typically billed on a minimum hire basis (five to eight hours per mobile equipment).
• Eco-Pan: turnkey service model (delivery/pickup, waste disposal, and a set number of days usage).

Summary

• CPH is a nationally scaled provider of concrete placement and waste management services in the U.S. and U.K., operating three primary brands and cross-selling Eco-Pan washout services.
• The company maintains a largely owned fleet, a substantial U.S. footprint, and a growing U.K. presence, with diversified customer mix and low top-customer concentration.