Announced
Completed
Financials
Tags
Friendly
United States
metal building products
Building Materials: Other
Single Bidder
Majority
Completed
Private Equity
building materials
Acquisition
Domestic
Private
Synopsis
New State Capital-backed Mako Steel completed the acquisition of a majority stake in Rabco, a building materials provider, from Brown Gibbons Lang & Company, an asset manager. Financial terms were not disclosed. "We look forward to a powerful partnership with New State and Mako. The financial and operational resources they offer will be instrumental as we add services and expand geographically to achieve our next-level potential," Emmett Buster Owens III, Rabco President.
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