M&A Deal Summary

Construction Supply Group Acquires Stetson Building Products

On May 3, 2017, Construction Supply Group acquired distribution company Stetson Building Products from The Sterling Group

Acquisition Highlights
  • This is Construction Supply Group’s 3rd transaction in the Distribution sector.
  • This is Construction Supply Group’s 4th transaction in the United States.
  • This is Construction Supply Group’s 1st transaction in Iowa.

M&A Deal Summary

Date 2017-05-03
Target Stetson Building Products
Sector Distribution
Buyer(s) Construction Supply Group
Sellers(s) The Sterling Group
Deal Type Merger

Target

Stetson Building Products

Des Moines, Iowa, United States
Stetson Building Products, Inc. is a management owned construction supply distributor with nine branches and a distribution center in the Midwest.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Construction Supply Group

Denver, Colorado, United States

Category Company
Founded 2016
Sector Distribution
Employees1,150
DESCRIPTION

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 4 of 21
Sector (Distribution) 3 of 14
Type (Merger) 3 of 3
State (Iowa) 1 of 1
Country (United States) 4 of 20
Year (2017) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-03 Gerdau Construction Products - Five Distribution Branches

United States

Gerdau Construction Products - Five Distribution Branches is a distribution of construction materials. Gerdau branches in Appleton, Wisconsin; Madison, Wisconsin; Decatur, Illinois; Urbana, Illinois and Eldridge, Iowa.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-30 Carter-Waters Construction Materials

Overland Park, Kansas, United States

Carter-Waters Construction Materials is a distributor of construction supply materials. Carter-Waters offers 17 locations across Missouri, Kansas, Illinois, Ohio, Kentucky, & Indiana to serve customers’ construction material and equipment needs. Carter-Waters also maintains an extensive rental inventory of concrete forming and shoring products, operates a custom rebar fabrication facility, manufactures special asphalt product at the Saturock Plant and provides estimating and detailing services for bid lettings.

Buy -

Seller(S) 1

SELLER

The Sterling Group

Houston, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 2.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $750 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.


DEAL STATS #
Overall 21 of 29
Sector (Distribution) 5 of 6
Type (Merger) 5 of 5
State (Iowa) 1 of 1
Country (United States) 18 of 26
Year (2017) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-03 Border Construction Specialties

Phoenix, Arizona, United States

Border Construction Specialties LLC is a distributor of specialty construction products to a diverse customer base of contractors.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-30 DexKo Global

Novi, Michigan, United States

DexKo Global is a provider of highly engineered running gear technology, chassis assemblies, and related components with over 130 years of trailer and caravan componentry experience. DexKo Global was founded in 2015 and is based in Novi, Michigan.

Sell -