Add-on Acquisition • Building Materials

BARD Materials Acquires Horsfield Companies

On March 29, 2022, BARD Materials acquired building materials company Horsfield Companies

Acquisition Context

This is BARD Materials’ 1st transaction in the Building Materials sector.
This is BARD Materials’ 1st transaction in the United States.
This is BARD Materials’ 1st transaction in Iowa.

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M&A Deal Summary
Date	March 29, 2022
Target	Horsfield Companies
Sector	Building Materials
Buyer(s)	BARD Materials
Deal Type	Add-on Acquisition
Advisor(s)	TKO Miller (Financial)

Target Company

Horsfield Companies

Epworth, Iowa, United States

Horsfield Companies is a vertically integrated provider of ready-mix concrete and concrete-related materials and services to the Midwest construction industry through the combination of Horsfield Materials, Inc. (HMI) and Horsfield Construction, Inc. (HCI).

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Buyer Overview 1

Buyer

BARD Materials

Dyersville, Iowa, United States

Category	Company
Founded	1946
Sector	Building Materials

DESCRIPTION

BARD Materials engages in the ready-mix concrete and aggregate industry. Established in 1946 as a small sand and gravel company in Dyersville, Iowa, BARD has grown to become one of the largest ready-mix providers in the region.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Building Materials	1 of 1
Type: Add-on Acquisition	1 of 1
State: Iowa	1 of 1
Country: United States	1 of 1
Year: 2022	1 of 1

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