Hardrock Infrastructure expands water utility reach with HDW Construction & Drilling acquisition
(WO) – HardRock Infrastructure Services and Tower Arch Capital announced the acquisition of HDW Construction & Drilling ("HDW") and the go-forward partnership with the founder and owner, Shohn Huckabee. This partnership further expands HardRock's reach into the water and wastewater utility industry.
Founded in 2015 and headquartered in Seguin, Texas, HDW is an auger boring and tunneling company that specializes in drilling pipelines for water and wastewater infrastructure such as sewers, drinking water pipes and stormwater drainage networks. HDW primarily services water utility and municipality customers throughout Texas. HDW will be a wholly owned subsidiary of HardRock, and the Huckabee family will continue as significant investors in the consolidated HardRock business.
Robert Myers, CEO of HardRock, said, "This partnership with HDW further solidifies HardRock as one of the top providers of directional drilling and infrastructure services in Texas. We are thrilled to partner with Shohn and the HDW team and we look forward to growing together and continuing to diversify and expand our services."
Regarding the transaction, Shohn Huckabee, Founder of HDW, said, "HDW has long been a trusted provider of infrastructure services for water and utility customers. We are very proud of our team and all their contributions to HDW's success thus far. The partnership with HardRock and Tower Arch Capital will allow us to continue to provide high-quality services while expanding our presence throughout Texas and beyond."
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