CIC Partners sells DynaGrid Construction Group to BBH Capital Partners

Dallas-based middle-market private equity firm CIC Partners LP sold DynaGrid Construction Group LLC to New York-based private equity firm BBH Capital Partners.

The company's co-founders, CEO Charlie Ferrara and CFO Kendrew Witt, will remain in their current roles and retain a significant stake in the business.

Piper Sandler served as financial adviser, while Baker Botts acted as legal adviser to DynaGrid in the deal.

DynaGrid provides subgrade and sitework services for electric utility transmission infrastructure.