M&A Deal Summary

Argonaut Private Equity Acquires Legacy Building Solutions

On March 13, 2024, private equity firm Argonaut Private Equity acquired building materials company Legacy Building Solutions

Acquisition Highlights
  • This is Argonaut Private Equity’s 3rd transaction in the Building Materials sector.
  • This is Argonaut Private Equity’s 34th transaction in the United States.
  • This is Argonaut Private Equity’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2024-03-13
Target Legacy Building Solutions
Sector Building Materials
Buyer(s) Argonaut Private Equity
Deal Type Recapitalization
Advisor(s) True North Mergers & Acquisitions (Financial)

Target

Legacy Building Solutions

South Haven, Minnesota, United States
Legacy Building Solutions specializes in manufacturing and erecting tension fabric buildings using a patented attachment system for integrating fabric cladding with a steel frame. Legacy Building Solutions is based in South Haven, Minnesota.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Argonaut Private Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
PE ASSETS 2.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Argonaut Private Equity is a private equity firm focused on control investments in entrepreneur and family-owned businesses headquartered in the middle region of the US. The Firm seeks industrial oriented manufacturing, distribution, and service companies with revenue between $20 and $300 million and EBITDA between $5 and $50 million. Argonaut typically commits $15 to $100 million per transaction to support buy-outs, distressed and special situations, growth needs, and divestitures. Argonaut Private Equity was founded in 2002 and is based in Tulsa, Oklahoma.


DEAL STATS #
Overall 34 of 38
Sector: Building Materials M&A 3 of 3
Type: Recapitalization M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 34 of 38
Year: 2024 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-15 Chemoil Energy Services

Oklahoma City, Oklahoma, United States

Chemoil Energy Services is a distributor of diesel fuel and lubricants for US onshore frac and drilling applications. Additionally, Chemoil provides a market-leading proprietary automated fueling system, as well as mobile maintenance and cleaning services to the fracking equipment market. Chemoil Energy Services was founded in 2011 and is based in Oklahoma City, Oklahoma.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-08 Crimson Steel Supply

Tulsa, Oklahoma, United States

Crimson Steel Supply is a full-service rebar fabricator, wire mesh supplier, and structural steel components for use mainly in highway and roadway projects. Crimson Steel Supply components include but are not limited to, expansion joints, handrails, and grates. Crimson Steel Supply was founded in 2010 and is based in Tulsa, Oklahoma.

Sell -