Hall Contracting, an Australian-based international dredging and civil construction contractor, received an investment from Crescent Capital Partners, a Sydney-based private equity firm.
Hall is unique in the market due to its size, squarely in the midcap range. This size is unusual in an industry that is firmly dominated by small niche players and large international operators.
Crescent was ultimately selected as the ideal partner to provide growth capital and guidance needed to expand throughout Australia and the Pacific Islands. The Hall family has retained a key ownership and management stake in the business.