M&A Deal Summary

Granite Construction Acquires Dickerson & Bowen

On August 12, 2024, Granite Construction acquired construction company Dickerson & Bowen

Acquisition Highlights
  • This is Granite Construction’s 6th transaction in the Construction sector.
  • This is Granite Construction’s 6th transaction in the United States.
  • This is Granite Construction’s 1st transaction in Mississippi.

M&A Deal Summary

Date 2024-08-12
Target Dickerson & Bowen
Sector Construction
Buyer(s) Granite Construction
Deal Type Add-on Acquisition

Target

Dickerson & Bowen

Brookhaven, Mississippi, United States
Dickerson & Bowen is a regional aggregates, asphalt, and highway construction company. Dickerson & Bowen was formed in 1947 and is headquartered in Brookhaven, Mississippi.

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Buyer(S) 1

Buyer

Granite Construction

Watsonville, California, United States

Category Company
Founded 1922
Sector Construction
Employees2,100
Revenue 3.5B USD (2023)
DESCRIPTION
Entrance to Granite Construction's corporate headquarters in Watsonville, California.
Entrance to Granite Construction's corporate headquarters in Watsonville, California.

Granite Construction is a heavy civil contracting and construction materials production company. Within the public sector, Granite primarily concentrates on heavy-civil infrastructure projects, including the construction of streets, roads, highways, mass transit facilities, airport infrastructure, bridges, trenchless and underground utilities, power-related facilities, utilities, tunnels, dams and other infrastructure-related projects. Within the private sector, Granite performs site preparation and infrastructure services for residential development, energy development, commercial and industrial sites, and other facilities, as well as provide construction management professional services. Granite Construction was founded in 1922 and is based in Watsonville, California.


DEAL STATS #
Overall 7 of 7
Sector (Construction) 6 of 6
Type (Add-on Acquisition) 6 of 6
State (Mississippi) 1 of 1
Country (United States) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-05 Lehman-Roberts

Memphis, Tennessee, United States

Lehman-Roberts is an asphalt paving and asphalt and aggregates producer and supplier. Lehman-Roberts was founded in 1939 and is based in Memphis, Tennessee.

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