M&A Deal Summary

United Subcontractors Acquires Hastings Co.

On December 31, 2006, United Subcontractors acquired building materials company Hastings Co.

Acquisition Highlights
  • This is United Subcontractors’ 1st transaction in the Building Materials sector.
  • This is United Subcontractors’ 1st transaction in the United States.
  • This is United Subcontractors’ 1st transaction in Florida.

M&A Deal Summary

Date 2006-12-31
Target Hastings Co.
Sector Building Materials
Buyer(s) United Subcontractors
Deal Type Add-on Acquisition

Target

Hastings Co.

Orlando, Florida, United States
Hastings Co. LLC is a provider of garage door installation services.

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Buyer(S) 1

Buyer

United Subcontractors

St. Paul, Minnesota, United States

Category Company
Founded 1998
Sector Construction
Employees1,900
DESCRIPTION

United Subcontractors, Inc. is an independent insulation subcontractor in the U.S. and one of the major shell contractors in Florida. USI has become a major building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation’s residential and commercial contractors with a wide range of construction services.


DEAL STATS #
Overall 1 of 6
Sector: Building Materials M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 6
State: Florida M&A 1 of 1
Country: United States M&A 1 of 6
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-23 Cardalls Insulation

Logan,, Utah, United States

Cardalls Insulation is a full-service insulation contractor, provides residential and commercial insulation services. Company install spray foam insulation, blown-in insulation and batt insulation.

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