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"McColl Partners’ expertise in the ready mixed concrete industry and their unique access to financial and strategic acquirors resulted in a favorable deal structure and premium valuation. Throughout the transaction process, I was impressed with McColl Partners’ dedication to achieving an outcome that exceeded our expectations."
Terry White
Co-Owner and General Manager
B.E.T.-ER Mix, Inc.
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"B.E.T.‑ER Mix, Inc.’s strategic location in the high‑growth Tampa, Florida market positioned the company as an ideal acquisition candidate. The transaction structure enables the shareholders to capitalize on the company’s historical and projected performance as well as benefit from Merit’s strategic vision."
Brad Winer
Partner
McColl Partners, LLC |
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Deal Summary
McColl Partners, LLC recently served as exclusive financial advisor to B.E.T.-ER Mix, Inc. (“BMI”), a leading manufacturer and distributor of ready mixed concrete and concrete block products in the Tampa, Florida market, in its sale to Merit Capital Partners (“Merit”), a middle‑market investment firm. Eric Andreozzi, Brad Winer, Colby Schwartz, Jessica Somers, and Anne Zimmerman executed the transaction for McColl Partners.
About B.E.T.-ER Mix, Inc.
Headquartered in Tampa, Florida, BMI manufactures and distributes ready mixed concrete and concrete block products primarily to residential contractors in the rapidly growing Hernando, Hillsborough, Pasco, and Polk counties in Florida. As the largest independent concrete producer in its markets, BMI owns and operates two ready mixed manufacturing facilities and two concrete block manufacturing machines.
About Merit Capital Partners
Merit manages over $1 billion of capital through four institutionally‑sponsored limited partnerships. Based in Chicago, Illinois, Merit invests mezzanine and equity capital in middle‑market companies across a broad range of industries. Merit provides financing for a variety of transactions, including management buyouts, growth and acquisition financings, recapitalizations, and corporate divestitures.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family-owned businesses, private equity groups, public companies, and divisions of larger companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
To learn more about our experience in the building materials industry, please contact Eric Andreozzi or Brad Winer at (704) 333-0525. More information about McColl Partners can be found at http://www.mccollpartners.com/. |
