.
MergerLinks Header Logo

New Deal


Announced

Completed

Ergon Asphalt & Emulsions completed the acquisition of Associated Asphalt from ArcLight Capital Partners.

Financials

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

Tags

Edit

Cement

cement & aggregates

United States

asphalt

Private Equity

Acquisition

Private

Completed

Majority

Private Equity

Single Bidder

Friendly

Domestic

Synopsis

Edit

Ergon Asphalt & Emulsions, an asphalt and emulsion producer and marketer, completed the acquisition of Associated Asphalt, an asphalt producer, from ArcLight Capital Partners, a private equity firm. Financial terms were not disclosed. “For decades, Ergon has played an important role in the push to improve roadway infrastructure throughout the US. This acquisition is in keeping with our ever-evolving goal to provide the resources agencies need to maintain their roadway networks," Baxter Burns, Ergon President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US