M&A Deal Summary

Summit Materials Acquires Mainland Sand & Gravel

On September 5, 2014, Summit Materials acquired construction company Mainland Sand & Gravel

Acquisition Highlights
  • This is Summit Materials’ 4th transaction in the Construction sector.
  • This is Summit Materials’ 1st transaction in Canada.
  • This is Summit Materials’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2014-09-05
Target Mainland Sand & Gravel
Sector Construction
Buyer(s) Summit Materials
Deal Type Add-on Acquisition
Advisor(s) Sequeira Partners, Inc. (Financial)

Target

Mainland Sand & Gravel

Surrey, British Columbia, Canada
Mainland Sand and Gravel (“Mainland”), a supplier of construction aggregates to the Vancouver and Lower Mainland region of British Columbia.

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Buyer(S) 1

Buyer

Summit Materials

Denver, Colorado, United States

Category Company
Founded 2009
Sector Building Materials
Revenue 2.6B USD (2023)
DESCRIPTION

Summit Materials is a vertically integrated materials-based company that supplies aggregates, cement, ready-mix concrete and asphalt in the United States and British Columbia, Canada. Summit is a geographically diverse, materials-based business of scale that offers customers a single-source provider of construction materials and related downstream products in the public infrastructure, residential and non-residential end markets. Summit Materials was founded in 2009 and is based in Denver, Colorado.


DEAL STATS #
Overall 8 of 17
Sector (Construction) 4 of 4
Type (Add-on Acquisition) 8 of 15
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2014) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-01 Troy Vines

Midland, Texas, United States

Troy Vines, Inc is an integrated aggregates and ready­mix concrete company headquartered in Midland, TX. The company, established in 1978 by Troy Vines, operates one quarry and one sand & gravel pit and has eight ready­mix concrete plants serving the Permian Basin region of West Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-09 Southwest Ready Mix

Houston, Texas, United States

Southwest Ready Mix LLC is a ready-mix concrete company in southwest Houston, Texas.

Buy -