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  6. Stellar Development Acquires CGC Group

M&A Deal Summary

Stellar Development Acquires CGC Group

On May 27, 2024, Stellar Development acquired construction company CGC Group

Acquisition Highlights
  • This is Stellar Development’s 1st transaction in the Construction sector.
  • This is Stellar Development’s 1st transaction in the United States.
  • This is Stellar Development’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-05-27
Target CGC Group
Sector Construction
Buyer(s) Stellar Development
Deal Type Add-on Acquisition

Target

CGC Group

Sarasota, Florida, United States
CGC Group works with architects during the preconstruction stage to develop cost estimates, identify constructability issues, and prepare value engineering suggestions. CGC Group is based in Sarasota, Florida.

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Buyer(S) 1

Buyer

Stellar Development

Sarasota, Florida, United States
Category Company
Founded 2008
Sector Construction
DESCRIPTION

Stellar Development is a general contracting firm that specializes in a wide range of construction services and is dedicated to delivering high-quality projects that meet the diverse needs of its clients. Stellar Development was founded in 2008 and is based in Sarasota, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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