Announced
Financials
Tags
Acquisition
surfacing products
Private
United States
Building Materials: Other
Private Equity
Single Bidder
Pending
Friendly
Synopsis
Atlanta-based Construction Resources agreed to acquire United Materials, a Florida-based importer and distributor of surfacing materials. Financial terms were not disclosed. "The acquisition of UMI came as a natural fit as we looked to expand our geographic footprint and continue executing on our strategic plan to become the premier one-stop-shop for design, product sourcing and project management needs of the remodel and new build markets. Under the leadership of Don DiNorcia, UMI has built a solid business reputation and we believe great opportunity awaits both brands," Mitch Hires, Construction Resources CEO.
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