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New Deal


Announced

Completed

Cranemere Group completed the acquisition of System Pavers.

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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Friendly

United States

Machinery: Construction

Single Bidder

real estate

construction

Completed

building materials

Private

Domestic

Majority

Acquisition

Synopsis

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Cranemere Group, a holding company focused on partnering with founders and management teams to build industry-leading businesses in essential industries, completed the acquisition of System Pavers, an outdoor living design and installation company. Financial terms were not disclosed. “I’m incredibly excited to partner with a world-class organization in Cranemere. Our partnership will help System Pavers continue to expand geographically, as well as expand our product selection and offerings. With our history of providing the best design and outdoor remodeling services, this is an ideal opportunity to deliver the best customer experience to homeowners nationwide,” Syed Zaidi, System Pavers CEO.

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