Add-on Acquisition • Construction

Sunland Development & Construction Co. Acquires Apple Tuck & Associates

On April 24, 2017, Sunland Development & Construction Co. acquired construction company Apple Tuck & Associates

Acquisition Context

This is Sunland Development & Construction Co.’s 1st transaction in the Construction sector.
This is Sunland Development & Construction Co.’s 1st transaction in the United States.
This is Sunland Development & Construction Co.’s 1st transaction in North Carolina.

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M&A Deal Summary
Date	April 24, 2017
Target	Apple Tuck & Associates
Sector	Construction
Buyer(s)	Sunland Development & Construction Co.
Deal Type	Add-on Acquisition
Advisor(s)	Viking Mergers & Acquisitions (Financial)

Target Company

Apple Tuck & Associates

Rutherfordton, North Carolina, United States

Apple Tuck & Associates, Inc. is a bridge contracting company based in Rutherfordton, North Carolina.

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Buyer Overview 1

Buyer

Sunland Development & Construction Co.

Newport, North Carolina, United States

Category	Company
Founded	1988
Sector	Construction

DESCRIPTION

Sunland Development & Construction Co. is a fully insured and bondable NC General Contractor License #24941 Building--Unlimited and Highway, Water & Sewer Utilities. Sunland Development & Construction was founded in 1988 and is based in Newport, North Carolina.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Construction	1 of 1
Type: Add-on Acquisition	1 of 1
State: North Carolina	1 of 1
Country: United States	1 of 1
Year: 2017	1 of 1

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