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New Deal


Announced

Completed

Armada Materials completed the acquisition of Wright Paving Contractors and Custom Stone.

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

Majority

United States

Construction Services

Domestic

Completed

Single Bidder

paving contractor

Acquisition

Private

Synopsis

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Armada Materials, aggregates, asphalt, and other essential construction materials and services provider, completed the acquisition of Wright Paving Contractors and Custom Stone, paving contractors. Financial terms were not disclosed. “We are pleased to join with the Wright Companies and their team to grow the Armada Materials family of companies. We look forward to combining the extremely talented professionals of both the Wright Companies and our existing platform company, Volunteer Materials. As a combined organization with an expanded footprint, we are well positioned to provide infrastructure materials in the fast-growing Middle Tennessee market,” Rob Duke, Armada Materials CEO.

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