Austin-Based Aggregate Dealer Crushing Tigers Secures $20 Million in Financing

AUSTIN, TX, May 25, 2022 /PRNewswire/ — Crush the Tigersa Southern United States market leader and authorized distributor of high performance aggregate machinery and equipment, is pleased to announce that it has secured bank financing from a denver-bank and development capital of Congruent Investment Partners, LLC (“Compliant”). Central Texas’ the most active middle market investment bank, Westlake Securitiesserved as exclusive financial advisor.

Crushing Tigers is an authorized distributor for a number of major global brands. Along with offering sales, rental, and equipment parts services, the company also offers service and training to ensure that every project is “crushed to perfection.”

The Austin-based company, established in 2011, operated under the leadership of its founders, Brian Costello and Pat Doab, who built the business from the ground up. The list of high-caliber branded products speaks volumes about the company’s quality, but Costello and Doab attribute much of the company’s success to its “People-first” approach. Through the owners’ vision, business model and management, Crushing Tigers has attracted strong strategic investment partners, such as a leader denverbank based and dallasCongruent Investment Partners, LLC.

CEO Pat Doab expressed his excitement for the future, saying, “We are thrilled to have others share our excitement and vision for the future of this company. We have an amazing Crushing Tigers community and are thrilled to have both the financial support and intellectual capital that the bank, Congruent and West Lake bring to the table.”

“We are excited about this partnership and see great potential for Crushing Tigers,” said Congruent Managing Member, Preston Massey. “The high-quality OEM brands, strong management team, market leadership and geographic footprint are very compelling. We look forward to partnering with the Crushing Tigers team and Westlake Securities to help grow the equipment sales and rental business, as well as expansion into aftermarket services and other geographic territories.”

For more information please contact: [email protected]

About Crushing Tigers
Crushing Tigers is the market leader and authorized distributor of high performance aggregate machinery and equipment from the world’s leading brands such as SANDVIK, EDGE, RAMMER, MATEC, STRICKLAND, PORTAFILL and more. Texas– Based and serving customers throughout the state and surrounding states, Crushing Tigers helps the aggregate industry lead the way to better and better. Since its inception in 2011, the company’s founders have used over 40 years of industry knowledge, business and engineering experience to develop a people and community-focused company – providing the best options for equipment sales and rentals, parts, service and equipment training to make sure every job is run to perfection. https://www.crushingtigers.com/

About Congruence
Congruent Investment Partners, LLC is a North American alternative asset management firm, primarily focused on making mezzanine capital and equity investments in middle market companies. Congruent manages capital in long-term private funds and through segregated accounts, with an investor base including foundations, endowments, pension funds and high net worth individuals. The company has significant experience in a range of industries, including equipment distribution, industrial services, niche manufacturing and technology-based business services. http://www.congruentinv.com

About Westlake Securities
Westlake Securities is a middle market investment bank founded in 2003 and headquartered in Austin, TX. West Lake delivers superior execution and results to its clients with in-depth transactional experience, comprehensive technical analysis and hands-on involvement from our experienced professionals. For more information, please visit: www.westlakesecurities.com

Disclosures: Securities offered by FNEX Capital, LLC, member FINRA and SIPC. Westlake Securities is not affiliated with FNEX Capital.

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