Undisclosed Seller has been acquired by P&K Stone, LLC.
Undisclosed Seller has been acquired by P&K Stone, LLC.
BIRMINGHAM, AL (January 3, 2022) – Founders is pleased to announce that General Drilling, an Indiana-based blast hole drilling company, has been acquired by Fred Weber Inc., a construction materials and services provider based in St. Louis. General Drilling was exclusively advised on the transaction by principals of Founders Advisors. For more than 50 years,…
By: Dennis Coker Key Trends Given the strong performance that construction materials companies have experienced over the past six months, most of the key players are revising their outlook for 2H in favor of higher financial targets. Much of this growth is a result of increased residential construction, the rising number of housing starts, and the…
By: Dennis Coker Synopsis: After a year of sailing uncharted waters in 2020, how did the major construction materials companies navigate a return to “normalcy” in the first half of 2021? We’ve seen a return to a somewhat normalized state over the last nine months, with M&A activity picking back up fueled by potential tax…
In this edition of the Construction Materials Newsletter, we focus our attention on: Recap of 1H 2021 Predictions for 2H 2021 Valuation and Trading Statistics for Major Players 1H Transaction Trends 1H Notable Construction Materials Transactions View the Construction Materials Newsletter here
General Drilling has been acquired by Fred Weber Inc.