M&A Deal Summary

County Materials Acquires Prestress Engineering Co.

On October 3, 2013, County Materials acquired construction company Prestress Engineering Co. from CM Acquisitions and Aldine Capital Partners

Acquisition Highlights
  • This is County Materials’ 1st transaction in the Construction sector.
  • This is County Materials’ 1st transaction in the United States.
  • This is County Materials’ 1st transaction in Illinois.

M&A Deal Summary

Date 2013-10-03
Target Prestress Engineering Co.
Sector Construction
Buyer(s) County Materials
Sellers(s) CM Acquisitions
Aldine Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target

Prestress Engineering Co.

Prairie Grove, Illinois, United States
Prestress Engineering Company is the source of prestressed concrete bridge beams, sound wall, and retaining walls for the transportation infrastructure market. PEC is also an award winning source for precast structural/architectural concrete products for multi-family housing.

Search 214,238 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

County Materials

Marathon, Wisconsin, United States

Category Company
Founded 1946
Sector Construction
DESCRIPTION

County Materials Corporation manufactures and supplies concrete construction and landscape products for various communities in the United States.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 2

SELLER

CM Acquisitions

Evanston, Illinois, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
Size Small
Type Sector Agnostic
DESCRIPTION

CM Acquisitions LLC is a Chicago private equity firm focused on mid-sized businesses generating $20 to $250 million in revenues. CM will consider a variety of transaction situations, including non-core divestitures, private company sales, distressed businesses, as well as take privates. Sectors of interest include engineered plastics, capital goods manufacturers, outsourced industrial services, metalworking/metal fabrication, packaging, specialty chemicals, and electrical components. CM looks to be an active investor in working with portfolio companies.


DEAL STATS #
Overall 3 of 5
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 ABP Induction Systems

Dortmund, Germany

ABP Induction Systems GmbH (ABP), located in Dortmund, Germany (formerly ABB Foundry Systems) has for decades been the world’s leading manufacturer of high-throughput induction melting, pouring and heating equipment. This leadership position results from the combination of three industry pioneers: Asea, which built the first channel induction furnace in 1903, Brown Boveri (BBC), which in 1929 established its furnace business in Dortmund, and Pillar having introduced the first transistorized induction power supply. Today, ABP continues the heritage of the original businesses which began over 100 years ago, providing a competitive edge to its customers around the globe with highly-reliable, state-of-the-art technology.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-12 Plasma Coatings

Waterbury, Connecticut, United States

Plasma Coatings, Inc. provides custom coatings to the converting, paper, and rubber industries. Plasma’s service enhances the surface properties of production equipment (e.g. drums, rollers, guide plates, vats) where controlling resistance and abuse will provide better performance. Plasma also provides an on-site coating of extremely large rolls/equipment at customers’ locations in the US and licenses its coating formulas internationally. Plasma Coatings was founded in 1969 and is based in Waterbury, California.

Sell -
SELLER

Aldine Capital Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2005
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Aldine Capital Partners is a mezzanine investment firm that provides mezzanine and junior capital financing to lower middle-market companies generating sales of at least $10 million and at least $2 million in EBITDA. Aldine invests in the range of $5 to $25 million per transaction. Types of transactions include management buyouts, acquisition financings, shareholder liquidity events, recapitalizations, and growth financings of smaller middle-market companies. Aldine will consider investments across the United States, but has a primary focus on opportunities in the Midwest. The Firm will not consider investments in start-ups, turnarounds, real estate, insurance, banking, and oil/gas. Aldine Capital was formed in 2005 and is based in Chicago, Illinois.


DEAL STATS #
Overall 4 of 28
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 17
State: Illinois M&A 1 of 7
Country: United States M&A 4 of 28
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-01 Adler Hot Oil Services

Vernal, Utah, United States

Adler Hot Oil Services LLC is an oilfield service company providing heating services for oil and gas well sites. Adler Hot Oil Services was founded in 1989 and is based in Vernal, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-07 Arens Control Co.

Arlington Heights, Illinois, United States

Arens Control Co is a designer and manufacturer of highly-engineered, precision operator interface controls and power management systems for commercial and off-road industrial vehicles.

Sell $98M