M&A Deal Summary

Arcosa Acquires StonePoint Materials

On March 22, 2021, Arcosa acquired building materials company StonePoint Materials from Sun Capital Partners for 375M USD

Acquisition Highlights
  • This is Arcosa’s 3rd transaction in the Building Materials sector.
  • This is Arcosa’s 2nd largest (disclosed) transaction.
  • This is Arcosa’s 4th transaction in the United States.
  • This is Arcosa’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2021-03-22
Target StonePoint Materials
Sector Building Materials
Buyer(s) Arcosa
Sellers(s) Sun Capital Partners
Deal Type Add-on Acquisition
Deal Value 375M USD

Target

StonePoint Materials

Philadelphia, Pennsylvania, United States
StonePoint Materials is a producer of crushed stone, sand and gravel serving diverse end markets including infrastructure, commercial and residential construction, and energy. Operating across eight states, StonePoint has approximately 8.0 million tons of annual aggregates production and offers complementary asphalt production and paving services in Tennessee and Kentucky. StonePoint operates several subsidiaries including Laurel Aggregates, Winn Materials, Southern Aggregates, and McIntosh Construction.

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Buyer(S) 1

Buyer

Arcosa

Dallas, Texas, United States

Category Company
Founded 2018
Sector Building Materials
Employees6,075
Revenue 2.3B USD (2023)
DESCRIPTION

Arcosa is a manufacturer of infrastructure-related products and services with leading positions in construction, energy, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products Group, the Energy Equipment Group, and the Transportation Products Group. Arcosa was founded in 2018 and is based in Dallas, Texas.


DEAL STATS #
Overall 4 of 8
Sector (Building Materials) 3 of 6
Type (Add-on Acquisition) 4 of 5
State (Pennsylvania) 1 of 1
Country (United States) 4 of 8
Year (2021) 1 of 2
Size (of disclosed) 2 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-12 Strata Materials

Grand Prairie, Texas, United States

Strata Materials LLC is a provider of recycled aggregates, with 5 recycled aggregates locations and 1 natural aggregates plant supplying construction materials throughout the North and East Texas areas. Strata Materials was founded in 1998 and is based in Grand Prairie, Texas.

Buy $87M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Southwest Rock Products

San Tan Valley, Arizona, United States

Southwest Rock Products is a pure-play natural aggregates company serving the greater Phoenix metropolitan area with five active sand and gravel locations and one hard rock quarry producing approximately five million annual tons of construction aggregates. Southwest Rock Products is based in San Tan Valley, Arizona.

Buy $150M

Seller(S) 1

SELLER

Sun Capital Partners

Boca Raton, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 13.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Sun Capital's corporate headquarters in Boca Raton, Florida.
Sun Capital's corporate headquarters in Boca Raton, Florida.

Sun Capital Partners is a large private equity firm focused on leveraged buyouts, equity, debt, and other control investments in North America, Asia, and Europe. Sun looks for businesses that can benefit from the Firm's operating experience including underperformers, turnarounds, and special situations. Target companies typically have $50 million to $1 billion in revenue with strong market positions. Sectors of interest include paper and packaging, food and beverages, metals and mining, automotive after-market parts, consumer products, financial services, healthcare, media and communications, building products, telecommunications, technology, retailing and catalogs, restaurants, manufacturing and industrial. Sun Capital was formed in 1995 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 114 of 127
Sector (Building Materials) 4 of 7
Type (Add-on Acquisition) 46 of 53
State (Pennsylvania) 3 of 3
Country (United States) 82 of 88
Year (2021) 1 of 5
Size (of disclosed) 9 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Exadel

Walnut Creek, California, United States

Exadel is a software engineering company that offers custom development services with R&D centers in North America and Eastern Europe. Exadel offers the specialized skills and product-development culture required to meet the needs of the most innovative enterprises. Exadel was founded in 1998 and is based in Walnut Creek, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-27 Dreams

High Wycombe, United Kingdom

Dreams is a bed and mattress specialist retailer. Dreams offer a broad selection of the latest products in the bedding segment. Dreams’ product offering includes mattresses, divans, bed frames, headboards, in addition to a select range of furniture products and associated bedding. Dreams was founded in 1985 and is based in High Wycombe, United Kingdom.

Sell $475M