Superior Concrete Products, LLC Acquires AFTEC, LLC and X3, LLC

Alcrete Industries Acquires Cape Fear Precast

March 17, 2023

Building Products

Alcrete Industries, a Pell City, Alabama-based precast concrete manufacturer, has acquired Cape Fear Precast, a Jacksonville, North Carolina NPCA-certified precast concrete plant. Midwest Mezzanine provided subordinated debt financing to support Alcrete's acquisition, which expands Alcrete's production footprint and product portfolio in the Southeastern U.S.

White Cap Acquires Advanced Forming Solutions and Anchor Construction Industrial Products

October 2, 2025

Building Products

White Cap has acquired Advanced Forming Solutions (AFS), a concrete forming and shoring provider based in Castle Rock, Washington, and Anchor Construction Industrial Products, a Winnipeg-based distributor with six locations across Western Canada. The acquisitions expand White Cap’s branch footprint and service capabilities in the Pacific Northwest and Western Canada to better serve commercial, civil, government and institutional contractors.

Afinitas Acquires Concrete Equipment Assets of Elk River Machine Company (ERMC)

October 25, 2024

Manufacturing

Afinitas has acquired the concrete machinery and forming systems assets and related intellectual property of Elk River Machine Company (ERMC) from ERMC parent Hutchinson Manufacturing, LLC. The deal brings ERMC product lines (wire mesh benders, rollers, cage expanders, wetcast/drycast forms and retaining wall systems) and design talent into the Afinitas platform to expand its concrete equipment and forming systems offering.

Everside Capital Partners Exits Alcrete LLC

September 1, 2025

Building Products

Everside Capital Partners announced the full realization of its investment in Alcrete LLC, a precast and prestressed concrete manufacturer headquartered in Oakbrook Terrace, Illinois. The transaction—details of any external buyer were not disclosed publicly—included a refinancing of Everside's senior subordinated debt and the simultaneous redemption of its equity warrants.

Fabcon Precast Acquires Kerkstra Precast

April 1, 2021

Building Products

Minneapolis-based Fabcon Precast has acquired Kerkstra Precast, a Michigan precast and prestressed concrete manufacturer with facilities in Grand Rapids and Detroit. The deal, supported by Fabcon’s sponsor Solace Capital Partners, expands Fabcon’s Midwest footprint and broadens its precast product portfolio.

Fulton Asset Management Acquires AFCO Industries

August 25, 2025

Building Products

Fulton Asset Management, a family-backed investment platform based in Chicago, has acquired AFCO Industries, Inc., a vertically integrated U.S. manufacturer of aluminum, fiberglass, vinyl, and composite building products and a provider of CNC metal fabrication and contract manufacturing services headquartered in Alexandria, Louisiana. AFCO's existing leadership will remain in place; Fulton said the deal expands its industrial portfolio and reflects a long-term commitment to U.S. manufacturing.