M&A Deal Summary

StonePoint Materials Acquires Standard Gravel

On September 17, 2019, StonePoint Materials acquired building materials company Standard Gravel

Acquisition Highlights
  • This is StonePoint Materials’ 2nd transaction in the Building Materials sector.
  • This is StonePoint Materials’ 2nd transaction in the United States.
  • This is StonePoint Materials’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2019-09-17
Target Standard Gravel
Sector Building Materials
Buyer(s) StonePoint Materials
Deal Type Add-on Acquisition

Target

Standard Gravel

Franklinton, Louisiana, United States
Standard Gravel Co. LLC is a producer of sand and gravel serving Eastern Louisiana and Southern Mississippi from four active mine sites. Standard Gravel is based in Franklinton, Louisiana.

Search 199,847 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

StonePoint Materials

Philadelphia, Pennsylvania, United States
Category Company
Founded 2017
Sector Building Materials
DESCRIPTION

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 2 of 4
Sector (Building Materials) 2 of 3
Type (Add-on Acquisition) 1 of 3
State (Louisiana) 1 of 1
Country (United States) 2 of 4
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-19 VantaCore Partners

Philadelphia, Pennsylvania, United States

VantaCore Partners LLC is a producer of crushed stone, sand, and gravel for infrastructure, energy, commercial, residential, and other markets. VantaCore Partners is based in Philadelphia, Pennsylvania.

Buy -
FOLLOWING DEAL
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 -
Mergr

Product

Company

Legal