FalconPoint Partners, a private equity firm focused on investing in North American middle market companies in the business services and industrials sectors, has made its inaugural investment in Jennmar, a provider of infrastructure products and services to the civil infrastructure, solar, mining and construction industries.

Since its founding in 1922, Jennmar has provided products and essential services to the civil infrastructure, solar, mining and construction industries. FalconPoint has invested and committed over $250 million to support the company’s expansion and growth.

“I look forward to continuing to leverage FalconPoint’s capital and strategic resources to capture significant upside through both organic and inorganic growth,” comments Russ Gehrett, founder and managing partner of FalconPoint.

BofA Securities and Truist Securities Inc. served as financial advisors, and Lowenstein Sandler LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal advice to FalconPoint. Jones Day served as legal advisor to Jennmar.