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New Deal


Announced

Construction Resources to acquire United Materials.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

surfacing products

Private

United States

Building Materials: Other

Private Equity

Single Bidder

Pending

Friendly

Synopsis

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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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