McColl Partners, LLC acted as financial advisor to Coastal Concrete, Inc. ("Coastal") in its $177 million sale to Park Avenue Equity Partners ("Park Avenue"), a New York-based private equity firm. McColl Partners' sale of Coastal marks the firm's fifth transaction in the ready mixed concrete industry, including the $245 million sale of Southern Star Concrete, Inc. and the $210 million sale of Ready Mixed Concrete Company, two of the largest independent ready mixed concrete producers in the United States.    

About Coastal Concrete, Inc.

Coastal is one of the nation's largest independent ready mixed concrete operators. Coastal serves customers throughout the high-growth coastal regions of South Carolina and Georgia with annual production in excess of 600,000 cubic yards produced at ten ready mixed concrete plants and distributed with a fleet of 109 mixer trucks.

About Park Avenue Equity Partners

Park Avenue is a New York-based private equity group focused on middle-market companies in a wide range of industries. The firm's partners have contributed approximately 25% of the fund's committed capital and have broad experience in all aspects of private equity.

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 private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Industrials and Building Products Group, please contact Brad Winer or Brian Davis at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.