Private equity firm buys Michigan construction company

Eberhart Capital, a Scottsdale, Arizona-based private equity firm, continued a rollup of construction companies, acquiring Michigan’s M.J. Van Damme Inc. for $20 million to $50 million, according to an Eberhart press release.

Eberhart’s portfolio includes U.S. companies in the construction, logistics, manufacturing and energy industries. Van Damme, founded in 2000, is located in Gwinn in Michigan’s Upper Peninsula. It is Eberhart’s third construction acquisition in 2020.

Adding Van Damme, a...

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