Our guest on episode 4 was Bruce Young, the CEO of Concrete Pumping Holdings<\/strong> (Ticker: BBCP<\/a>). The company has a $470 million market cap and is the largest domestic player in a niche of construction-related services that is called concrete pumping. Bruce became CEO of the company in 2008 but started his career in this industry way back in the 1980s. Concrete Pumping provides a high margin, mission-critical service to its construction partners and has the ability to deploy capital at attractive multiples as it helps the industry consolidate further. Given that Concrete Pumping is rather new to public markets, I was very curious to hear from Bruce about:<\/p>\n

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• What concrete pumping is and why it is mission-critical on a construction site;<\/li>\n
• How the company generates such high margins and recognizes very attractive returns on incremental investments;<\/li>\n
• The ongoing roll-up opportunity the company has\u2014as well as avenues for organic growth; and<\/li>\n
• The capital allocation process the company employs when deciding between M&A and adding new equipment<\/li>\n<\/ul>\n

  *For full disclosure, Cove Street is NOT a Concrete Pumping Shareholder.<\/em><\/p>\n

  Please enjoy the show at the following sites:<\/p>\n

  YouTube: https:\/\/youtu.be\/7AMAI7qhmQo<\/a>
  \nApple: https:\/\/podcasts.apple.com\/us\/podcast\/executing-a-construction-services-roll-up-with\/id1579124518?i=1000546309210<\/a>
  \nPodbean: https:\/\/compounders.podbean.com\/e\/with-bruce-young-ceo-of-concrete-pumping-holdings-inc-nasdaq-bbcp\/<\/a>
  \nSpotify: https:\/\/open.spotify.com\/episode\/6VV3kvkkAqRjYDcEomh27l<\/a><\/p>\n

  As always, if you have any comments, feedback, or guest recommendations, please contact us at podcast@covestreetcapital.com<\/a>. You can also follow the podcast on Twitter @ https:\/\/twitter.com\/CompoundersPod<\/a>.<\/p>\n