A Remote Ready Mix Specialist
Big 7 Ventures, leading private equity firm specializing in industrial services and products, proudly announces the acquisition of Modern Concrete Inc., a specialized construction materials provider based in Elko, NV. Modern Concrete is renowned for its innovative remote concrete pouring solutions using volumetric trucks, catering to the mining, cell tower, and construction industries.
Modern Concrete will continue its operations under its current management team led by founder and President Scott Reutner, ensuring seamless service delivery and expansion into new markets. This acquisition underscores Big 7 Ventures’ dedication to supporting exceptional companies and unlocking their full potential for long-term success.
Modern Concrete has established a strong reputation for delivering high-quality products in the most difficult situations across Nevada and the surrounding Western states. With a commitment to quality, service, precision, and customer satisfaction, Modern Concrete has become a trusted partner in the mining, cell tower and construction industries, providing essential construction materials products for construction.
“The Big 7 team’s long history and proven track record of supporting great management teams to build world-class businesses, coupled with their financial commitment, puts Modern Concrete in a stronger position to act on opportunities that will help us achieve our goal," said Kurt Winter, Senior Partner of Big 7 Ventures.
The acquisition of Modern Concrete aligns with Big 7 Ventures' strategic vision to invest in companies with a strong track record of excellence and to support their growth and expansion. By adding Modern Concrete to its portfolio, Big 7 Ventures aims to leverage the Company's expertise and market presence to further enhance its position in the industrial and construction sectors.
"Modern Concrete LLC’s exceptional product line, commitment to quality, and strong customer relationships make it an ideal fit for our investment portfolio. We are excited to partner with the Modern Concrete team and look forward to supporting their continued success and growth," said Kurt Winter, Senior Partner of Big 7 Ventures.
About Big 7 Ventures:
Big 7 Ventures partners with exceptional companies to unlock their full potential and create long-term value for stakeholders. We distinguish ourselves from other private equity firms in the construction industry through several unique traits
Focus on Overlooked sectors: B7V targets niche areas often ignored by traditional PE firms, such as basic manufacturing, logistics, and service supporting the construction industry.
Selective Investment Strategy: Unlike high-volume dealmakers, B7V makes 2-3 investments annually, prioritizing long-term growth over quick exits.
Family Legacy and Expertise: With over 125 years of family business experience, the firm brings deep operational knowledge to its investments.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250305867059/en/
Contacts
For more information please contact Kevin Salquist by email at kevin@big7ventures.com
