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StonePoint Materials Acquires Kentucky Construction Operation Road Builders
Friday 06 December 2019

6 December 2019 - Pennsylvania, US-based StonePoint Materials LLC has acquired Kentucky, US-based materials and paving construction company Road Builders, LLC, the company said.

Road Builders serves Western Kentucky with two quarries, three asphalt plants, and paving and construction crew.

StonePoint is a portfolio company of Sun Capital Partners, Inc. 

Terms of the transaction were not disclosed.

The acquisition of Road Builders will complement StonePoint's subsidiaries Winn Materials and McIntosh Construction in Western Tennessee and Kentucky.

StonePoint Materials is a leading producer of crushed stone, sand and gravel serving diverse end markets including infrastructure, commercial and residential construction, and energy.

Operating across nine states, StonePoint has approximately 9m tons of annual aggregates production and offers complementary asphalt production and paving services in Tennessee and Kentucky.
Details
Date Published: 06/12/2019
Target: Road Builders
Country: USA
Sector: Construction/Real Estate
Type: LBO
Financing:
Status: Closed
Vendor:
Buyer: StonePoint Materials LLC,  
Comment:
Terms of the deal were not disclosed

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