Doeren Mayhew Capital Advisors, a leading Houston investment bank, successfully facilitated the recent $87.4 million sale of ParkUSA to Northwest Pipe Company (Nasdaq: NWPX), an industry leader of engineered pipeline systems for water infrastructure.

Founded in 1984 by the Eberly family, ParkUSA is a Houston-based engineered precast concrete and steel fabrication company that develops, manufactures and distributes water, wastewater and environmental infrastructure solutions products.

Upon being approached by Northwest Pipe Company, ParkUSA engaged Doeren Mayhew Capital Advisors as their exclusive financial advisor to assist with facilitating discussions, negotiating the purchase agreement, structuring the transaction and supporting the overall sales process.

At the time of the sale, ParkUSA had revenues of $66.5 million and employed 280 individuals in its three manufacturing facilities located in Houston, Dallas and San Antonio.

“ParkUSA was a 20-plus year client of our affiliate CPA firm, Doeren Mayhew. Our services through the years helped prepare them for this transition and has allowed all of the Eberly family owners to realize their financial exit goals,” said Jennifer Mailhes, a managing director at Doeren Mayhew Capital Advisors. “Seeing a business grow and then helping them successfully transition to the next stage is extremely rewarding for our team.”