M&A Deal Summary |
|
|---|---|
| Date | 2020-09-21 |
| Target | River Aggregates |
| Sector | Building Materials |
| Buyer(s) | StonePoint Materials |
| Sellers(s) | Main Street Capital |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Building Materials |
StonePoint Materials is a producer of crushed stone, sand and gravel serving diverse end markets including infrastructure, commercial and residential construction, and energy. Operating across eight states, StonePoint has approximately 8.0 million tons of annual aggregates production and offers complementary asphalt production and paving services in Tennessee and Kentucky. StonePoint operates several subsidiaries including Laurel Aggregates, Winn Materials, Southern Aggregates, and McIntosh Construction.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Building Materials M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 4 of 4 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-04 |
Road Builders
Greenville, Kentucky, United States Road Builders LLC is one of Kentucky's oldest materials and paving construction operations, serving Western Kentucky with two quarries, three asphalt plants, and paving and construction crews. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 8.7B USD |
| Size | Mega |
| Type | Sector Agnostic |
Main Street Capital is a public investment firm that invests in mid-market companies to support ownership transitions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives. Main Street looks for businesses opearting in basic industries with positive cash-flow and and defensible competitive advantages. Main Street generally invests $5 to $125 million in companies with $10 to $150 million of revenue and EBITDA of $3 to $20 million. Investments are usually in the form of term debt and/or direct equity. Main Street Capital was formed in 1997 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 41 of 48 |
| Sector: Building Materials M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 20 of 22 |
| State: Texas M&A | 19 of 19 |
| Country: United States M&A | 41 of 48 |
| Year: 2020 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-02 |
Superior
Atlanta, Georgia, United States Superior provides rigging, steel erection and crane & equipment rental services to customers across the Southeastern United States. The Company offers crane, forklift, tractor trailer and accessory equipment rental in addition to a variety of services, including structural steel erection, specialized rigging, millwrighting, turnkey plant services, heavy transport, warehousing and others. Superior was founded in 1952 and is based in Atlanta, Georgia. |
Buy | $26M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-06 |
Heritage Vet Partners
West Point, Nebraska, United States Heritage Vet Partners is a provider of veterinary products and services to livestock production farms and companion animal owners throughout the midwestern United States. Heritage Vet Partners was founded in 1985 and is based in West Point, Nebraska. |
Buy | - |
