Add-on Acquisition • Building Materials

Ownershift Acquires Cambrian Granite & Stone II

On November 4, 2024, Ownershift acquired building materials company Cambrian Granite & Stone II

Acquisition Context
  • This is Ownershift’s 1st transaction in the Building Materials sector.
  • This is Ownershift’s 1st transaction in the United States.
  • This is Ownershift’s 1st transaction in Iowa.

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M&A Deal Summary

Date November 4, 2024
Target Cambrian Granite & Stone II
Sector Building Materials
Buyer(s) Ownershift
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Cambrian Granite & Stone II

Cedar Falls, Iowa, United States
Cambrian Granite & Stone II provides natural stone countertops. The company handles both residential and commercial projects, including hospitals and educational institutions. Cambrian Granite & Stone II was founded in 1997 and is based in Cedar Falls, Iowa.
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Buyer Overview 1

Buyer

Ownershift

Miami, Florida, United States

Category Company
Founded 2023
Sector Business Services
DESCRIPTION

Ownershift focuses on helping small business owners transition into retirement by acquiring their companies and shifting ownership to employees. Ownershift was formed in 2023 and is headquartered in Miami, Florida.


Deal Context for Buyer #
Overall 1 of 1
Sector: Building Materials 1 of 1
Type: Add-on Acquisition 1 of 1
State: Iowa 1 of 1
Country: United States 1 of 1
Year: 2024 1 of 1