Announced
Financials
Tags
cement & aggregates
United States
Friendly
Private Equity
Building Materials: Other
Acquisition
Majority
Pending
Single Bidder
Private
Synopsis
Sun Capital-backed StonePoint Materials, which operates as a private equity firm, agreed to acquire Road Builders, materials and paving construction operations company. Financial terms were not disclosed. “The acquisition of Road Builders continues to demonstrate our thesis of investing in founder-owned companies with a strong market share that wants to partner with one of the leading independent aggregate producers in North America. We look forward to working with StonePoint to continue to expand its geographic presence and scale,” Aaron Wolfe, Sun Capital Partners Managing Director.
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