Construction Acquisitions in South Carolina

Blue Dot Readi-Mix has acquired Sandlapper Concrete, LLC to expand into the Greenville, South Carolina market. Sandlapper — based in Greenville with plants in Simpsonville and Duncan — will continue to operate under its existing name and join Blue Dot's regional ready-mix network within the Trowel Craft Group.

CSL Consulting, a portfolio company of NMS Capital, has acquired Brownstone Construction Group, a Columbia, South Carolina–based owner's representative and program management firm. The add-on deal expands CSL's presence in the Southeastern U.S. and strengthens its capabilities in the public K‑12, higher education and municipal markets; terms were not disclosed.

Vantem has acquired Clio, South Carolina-based Arris Manufacturing to expand its off-site construction capabilities and increase capacity for multi-family factory-built structures in the Southeastern United States. The acquisition adds Arris's manufacturing facility, transportation and logistics capabilities, and in-house architecture and engineering to Vantem's platform to support its nationwide plan to establish 20 plants.

United Homes Group, Inc. (UHG) acquired the homebuilding business and assets of Creekside Custom Homes, LLC, expanding UHG’s presence in the Myrtle Beach / Coastal South Carolina market. Creekside owner Jamie McLain and his team will join UHG’s Great Southern Homes Coastal division to support growth and secure future lot positions consistent with UHG’s land-light strategy.

The JF Petroleum Group has acquired the assets of Star Construction Inc. and SCI Petroleum Inc., relocating those assets to its Charleston, South Carolina Dykstra Construction branch. The deal brings former owner Brian Starer and licensed master electrician Brett Barnes into JF's Dykstra Construction leadership team and expands JF's installation, construction, and electrical capabilities in the Southeast.

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hubbard Paving & Grading, Inc., a Walhalla, South Carolina-based paving and grading contractor. The deal adds a hot-mix asphalt plant and related operations to CPI's South Carolina platform King Asphalt, Inc., expanding CPI's service footprint in the Upstate/Greenville metro region.

Pye-Barker Fire & Safety has acquired Excel Fire Sprinkler Company, Inc., a full-service fire sprinkler contractor based in Roebuck, South Carolina. The acquisition strengthens Pye-Barker’s capabilities and market presence in the greater Greenville area as part of its roll-up strategy to become the nation’s single-source provider for fire protection, life safety and security services.

Construction Partners, Inc. (NASDAQ: ROAD) acquired Pickens Construction, Inc., a hot‑mix asphalt producer and contractor headquartered in Anderson, South Carolina. The bolt‑on acquisition — which includes one hot‑mix asphalt plant and about 20 employees — will be integrated into CPI’s South Carolina platform, King Asphalt, Inc., and expands CPI’s service footprint in the greater Greenville, South Carolina metro area.

DiamondHead Holdings Corp. (a SPAC) closed its business combination with Great Southern Homes, creating United Homes Group, Inc., which began trading on Nasdaq under the ticker UHG on March 31, 2023. Great Southern Homes’ management, led by CEO Michael Nieri, will continue to run the business as the company pursues capital-efficient, land-light expansion across high-growth Southeastern markets.

Comfort Systems USA, Inc. (NYSE: FIX) has acquired Eldeco, Inc., a South Carolina-based industrial electrical design and construction company. Eldeco is expected to contribute approximately $130–$140 million in annualized revenue and $8–$9 million in EBITDA, and the deal will strengthen Comfort Systems' electrical segment and local capabilities in the Southeastern U.S.

Lennar Corporation has purchased Executive Construction Homes, LLC, acquiring the company's work-in-progress, finished lots, and land pipeline of more than 3,300 lots to expand its presence in the Columbia, South Carolina market. JTW Advisors served as sell-side advisor; Executive Construction Homes' founder Eddie Yandle and his family will remain involved and continue selling finished lots to Lennar through related-party land development companies.

Comfort Systems USA, Inc. (NYSE: FIX) has acquired Atlantic Electric, LLC, a Charleston, South Carolina–based electrical contractor with operations in South Carolina and western North Carolina. Atlantic brings approximately $50 million of annualized revenue and specialized capabilities including airport runway lighting and industrial electrical services, expanding Comfort Systems USA's presence and capabilities in the Carolinas and the Southeast.

Pool Troopers, the Pool & Spa Services platform backed by Shoreline Equity Partners, has partnered with Year Round Pool Company, Inc., a full-service pool service and construction business serving Hilton Head and coastal Georgia. The transaction expands Pool Troopers’ footprint into South Carolina and Georgia and adds construction, retail, renovation, and design capabilities while Year Round Pool’s management remains engaged with a significant ownership stake.

Construction Partners, Inc. (NASDAQ: ROAD) acquired King Asphalt, Inc., a Liberty, South Carolina-based hot-mix asphalt and paving company with three plants in the Greenville area. The acquisition gives Construction Partners a South Carolina platform to support future geographic expansion and participation in public, commercial and residential paving projects.

Titan Home Improvement, a Fort Lauderdale-based platform owned by affiliates of York Capital Management, acquired Paradise Home Improvement, a South Carolina-based provider of replacement windows and doors, roofing, bathrooms and other home improvement services. The deal is an add-on to Titan's platform (its fourth acquisition since 2019) and expands Titan's footprint across North Carolina and South Carolina markets as it builds a national network of home improvement contractors.

Stanley-Martin Communities, LLC (Stanley Martin Homes) agreed to acquire the homebuilding assets and operations of Columbia-based Essex Homes, a regional homebuilder active in South Carolina and North Carolina. The deal (expected to close by end of February 2020) brings Essex’s leadership and market operations into Stanley Martin as part of the buyer’s southeastern U.S. expansion; Essex founder Karl Haslinger will join Stanley Martin as a Regional President.