M&A Deal Summary |
|
|---|---|
| Date | 2017-06-30 |
| Target | Carter-Waters Construction Materials |
| Sector | Building Materials |
| Buyer(s) | Construction Supply Group |
| Sellers(s) |
Merit Capital Partners
Aiglon Capital Management |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Distribution |
| Employees | 1,150 |
Construction Supply Group engages in the distribution of construction materials, accessories and tools, primarily for professional concrete and masonry contractors in the United States and Canada. Formed through the combination of Brock White and Border, the company has 73 branches with 1,150 employees and offer over 70,000 SKUs for nearly 25,000 customers.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 21 |
| Sector (Building Materials) | 2 of 5 |
| Type (Add-on Acquisition) | 2 of 17 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 6 of 20 |
| Year (2017) | 6 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-30 |
Carter-Waters
Kansas City, Missouri, United States Carter-Waters LLC is a distributor of construction materials and equipment utilized in concrete construction applications to commercial, highway and residential contractors. The Company operates 12 locations in Missouri, Kansas and Southern Illinois. Carter-Waters also maintains an extensive rental inventory of concrete forming and shoring products and operates a custom rebar fabrication facility. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-01-03 |
Brock White of Wisconsin
New Berlin, Wisconsin, United States Brock White of Wisconsin, Inc. is a construction supply distributor. Brock White of Wisconsin is based in New Berlin, Wisconsin. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 2.2B USD |
| Size | Large |
| Type | Sector Agnostic |
Merit Capital Partners is a private investment firm that targets investments in middle market manufacturing, distribution, and service based businesses. Merit looks for companies generating at least $25 million in sales and at least $4 million in EBITDA. Merit can provide both equity and junior capital financing and looks to commit at least $15 million per transaction. Prospective transaction situations include management buyouts, recapitalizations, growth financings, divestitures, unsponsored transactions, and ESOPs. Merit Capital will not invest in start-ups, turnarounds, real estate, specialty retail, or oil/gas opportunities. Merit Capital was originally known as William Blair Mezzanine Capital and became independent in 2004. Merit was formed in 1993 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 52 |
| Sector (Building Materials) | 3 of 5 |
| Type (Add-on Acquisition) | 21 of 27 |
| State (Kansas) | 2 of 2 |
| Country (United States) | 38 of 51 |
| Year (2017) | 4 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-30 |
Carter-Waters
Kansas City, Missouri, United States Carter-Waters LLC is a distributor of construction materials and equipment utilized in concrete construction applications to commercial, highway and residential contractors. The Company operates 12 locations in Missouri, Kansas and Southern Illinois. Carter-Waters also maintains an extensive rental inventory of concrete forming and shoring products and operates a custom rebar fabrication facility. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-01 |
Reliant At Home
Plano, Texas, United States Reliant At Home is a home healthcare agency and hospice care provider offering a variety of in‐home services ranging from technical care to occupational therapy and medically‐necessary personal assistance, as well as end‐of‐life care. The company with a primary focus on providing home healthcare services to patients within assisted living facilities and has since expanded to serve both facility‐based patients as well as home‐based patients. Reliant At Home was founded in 2004 and is based in Plano, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2014 |
| Size | Small |
| Type | Sector Agnostic |
Aiglon Capital Management is a private equity firm focused on lower middle-market investments in the low-tech manufacturing, distribution, and services sectors. Aiglon prefers companies in the Southeast US with revenues of $50 to $150 million and EBITDA of $5 to $15 million. Aiglon Capital Management was formed in 2014 and is headquartered in Durham, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Building Materials) | 1 of 2 |
| Type (Add-on Acquisition) | 2 of 3 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 3 of 4 |
| Year (2017) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-30 |
Carter-Waters
Kansas City, Missouri, United States Carter-Waters LLC is a distributor of construction materials and equipment utilized in concrete construction applications to commercial, highway and residential contractors. The Company operates 12 locations in Missouri, Kansas and Southern Illinois. Carter-Waters also maintains an extensive rental inventory of concrete forming and shoring products and operates a custom rebar fabrication facility. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-11-14 |
Arrow Building Center
Stillwater, Minnesota, United States Arrow Building Center is a full service building materials retailer serving Minnesota and Western Wisconsin. Arrow Building Center’s 16 full-service lumberyards, specialty divisions, and new state-of-the-art components manufacturing plant are ready to offer the best quality building products at an affordable price with the personalized, professional service customers have come to expect from Arrow since 1903. |
Sell | - |
