Yukon Partners, a provider of mezzanine capital for middle market private equity transactions, partnered with Crossplane Capital to support the acquisition of Viking Fence, a provider of fence and sanitation rental equipment, as well as permanent fence installations and complementary building products and services to commercial and residential markets throughout Texas. Viking, founded in 1972, is headquartered in Austin, Texas, with additional locations the Dallas-Fort Worth and Houston areas.
“We are excited to be partnering with Crossplane and the Viking management team in the next phase of the company’s growth,” David Sampair, Principal of Yukon, said. “Viking has established a strong market position throughout Texas driven by their high-quality customer service. Crossplane’s prior experience in rental-based businesses will allow Viking to capitalize on several considerable growth opportunities.”
“We have known the Yukon team for many years and are thrilled to have Viking be our first investment partnering with them,” Greg Balliro, partner at Crossplane, said. “Viking has over 50 years of operating history and a local presence in some of the most attractive markets in the country and represents a unique opportunity to partner with an owner to leverage our significant experience owning and operating service and rental-based businesses.”
Dorsey & Whitney provided legal counsel to Yukon.
