Founders Advises Couch Aggregates & Premier Holding Co. in Recapitalization and Joint Venture with Cemex
BIRMINGHAM, Ala. (July 17, 2024) – Founders is pleased to announce that certain principals of Founders Advisors, LLC advised Couch Aggregates, LLC (“Couch”) and Premier Holding Company, LLC (“Premier”) in their recapitalization and joint venture agreement with Cemex.
David Blount, partner of Couch’s and Premier’s ownership group, commented, “We couldn’t be happier with the outcome of this process. We are excited to start the next phase of growing our business with Cemex. Thank you to the Founders team for their dedication and industry expertise, which proved instrumental in helping us achieve a successful result.”
“We are grateful for the opportunity to have worked with Steve Shaw, David Blount, and the rest of their team while navigating this process,” remarked Dennis Coker, Managing Director at Founders Advisors. “Cemex has long been a great partner for them, and they look forward to growing the business together. We’re proud of the outcome achieved for our client and look forward to watching their future success with Cemex.”
About Couch Aggregates
Founded in 1908 and headquartered in Dothan, AL, Couch is a leading producer of top-quality aggregates for concrete, construction, and landscaping in Alabama, Florida, and Georgia. The Company has 7 locations and 3 terminals in South Alabama and Northwest Florida.
About Premier Holdings
Founded in 2021 and headquartered in Birmingham, AL, Premier is a logistics company specializing in the bulk transfer and supply of construction aggregates, including limestone, sand, and gravel. They provide aggregates for a variety of uses and their barge facilities along the Gulf Coast allow for unmatched access to quality products.
About Cemex
Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies. For more information, please visit: www.cemex.com
About Founders Advisors
Founders Advisors supports their clients through deep sector expertise in Construction & Building Materials as well as a range of other Industrial, Technology, Healthcare, and Consumer sectors. Our team captures perspectives on relevant industry trends, unique competitive landscape shifts and key positioning insights to relevant investors. Should you be interested in exploring opportunities in Construction & Building Materials or considering alternatives, please feel free to reach out to our team.
To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member FINRA and SiPC. Founders M&A Advisory, LLC is a wholly owned subsidiary of Founders Advisors, LLC. Neither Founders Advisors nor Founders M & A Advisory provide investment advice. For more information, please visit www.foundersib.com.