Scaffolding Company’s Data-Center Pivot Cuts Into Margins
June 11, 2026•1 min read
Brand Industrial Services Inc., a scaffolding and industrial services company that does business as BrandSafway, reported sharply lower first-quarter earnings as higher costs and spending on its push into data center construction weighed on results, according to people familiar with the matter. The company, controlled by private equity firm Clayton, Dubilier & Rice, reported a 20% year-over-year decline in earnings before interest, taxes, depreciation and amortization, according to the people, who declined to be named because the results are private. That earnings measure fell to $71 million, one of the people said.
