Arcosa completed the acquisition of StonePoint Materials from Sun Capital Partners for $375m.

Arcosa, a provider of infrastructure-related products and solutions, completed the acquisition of StonePoint Materials, a construction aggregates company, from Sun Capital Partners, an American private equity firm, for $375m. “StonePoint represents an outstanding strategic fit for Arcosa. The transaction aligns with Arcosa’s strategy to expand our Aggregates business in our current footprint and to enter new, attractive geographies. StonePoint has an experienced operating team, an attractive pipeline of organic growth projects and bolt-on acquisitions, and a footprint in fast-growing markets. We look forward to welcoming the StonePoint team to the Arcosa family and building on our combined strengths,” Antonio Carrillo, Arcosa’s President and Chief Executive Officer.