M&A Deal Summary

Markel Acquires Metromont

On December 13, 2021, Markel acquired construction company Metromont

Acquisition Highlights
  • This is Markel’s 1st transaction in the Construction sector.
  • This is Markel’s 8th transaction in the United States.
  • This is Markel’s 1st transaction in South Carolina.

M&A Deal Summary

Date 2021-12-13
Target Metromont
Sector Construction
Buyer(s) Markel
Deal Type Add-on Acquisition

Target

Metromont

Greenville, South Carolina, United States
Metromont is a precast concrete manufacturers in the construction of data centers, warehouses, multi-family residential structures, parking decks, and a variety of other commercial and industrial structures. Metromont was founded in 1925 and is based in Greenville, South Carolina.

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Buyer(S) 1

Buyer

Markel

Glen Allen, Virginia, United States

Category Company
Founded 1930
Sector Insurance
Employees22,000
Revenue 16.8B USD (2024)
DESCRIPTION

Markel is a diverse financial holding company serving a variety of niche markets through underwrites specialty insurance products. Markel was founded in 1930 and is based in Glen Allen, Virginia.


DEAL STATS #
Overall 13 of 15
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 13 of 15
State: South Carolina M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-16 Lansing Building Products

Richmond, Virginia, United States

Lansing Building Products is a provider of exterior building products and materials to professional contractors. Lansing Building Products was established in 1955 and is based in Richmond Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-25 Valor

Winter Springs, Florida, United States

Valor is an environmental services company that provides erosion control and related services to commercial development sites and homebuilders throughout the United States. Valor was formed in 2003 and is based in Winter Springs, Florida.

Buy -