Armada Materials Acquires Drake's Creek Stone

Armada Materials Acquires Wright Paving Contractors and Custom Stone in Tennessee

February 13, 2024

Infrastructure

Armada Materials, a Tampa-based infrastructure materials platform backed by Kelso & Company, has acquired the assets of Wright Paving Contractors, Inc. and Custom Stone, LLC (the "Wright Companies") of Fayetteville, Tennessee. The Wright Companies — which operate asphalt and aggregates production, milling and paving across Pottsville, Shelbyville, and Fayetteville with ~50 employees — will be combined with Armada's existing Volunteer Materials operations to expand Armada's footprint in Middle Tennessee.

Armada Materials, Backed by Kelso & Company, Acquires Volunteer Materials

October 3, 2023

Building Products

Armada Materials, a Tampa-based infrastructure materials platform led by Rob Duke and backed by Kelso & Company, has acquired Volunteer Materials and affiliated operating companies in Lewisburg, Tennessee. Volunteer is a vertically integrated producer of aggregates, asphalt and ready-mix concrete and a provider of road paving and striping services; the deal is Armada's first platform acquisition to support regional expansion along the I-65 corridor south of Nashville.

TRINITY International Industries Acquires Drakestone Designs

February 28, 2022

Consumer Products

TRINITY International Industries acquired Drakestone Designs, a Texas-based maker of handmade reclaimed-wood home storage and furniture products; the transaction closed on February 28, 2022. The acquisition expands TRINITY’s eco-friendly product portfolio and brings Drakestone’s locally sourced manufacturing capabilities into TRINITY’s storage and home solutions lineup.

VA Shore Group Acquires Chesapeake Armour Stone and Rip Rap LLC

January 9, 2025

Industrial Services

VA Shore Group, a privately held industrial services company, has acquired Chesapeake Armour Stone and Rip Rap LLC, a South Carolina-based producer of custom armour stone, rip rap and large aggregates for marine and erosion-control projects. The acquisition makes Chesapeake Armour Stone a wholly owned subsidiary of VA Shore Group and is intended to provide additional support and investment to fuel growth while maintaining the company’s customer focus.

StonePoint Materials Acquires River Aggregates

September 21, 2020

Industrial Services

StonePoint Materials LLC acquired River Aggregates, LLC, adding two sand and gravel facilities serving the Houston and Beaumont, Texas markets. The deal expands StonePoint's geographic footprint into Texas and complements its existing Southern Aggregates subsidiary to create a new Texas platform.

Armour Excavating Acquires Buck Valley Trucking

May 13, 2025

Trucking & Fleet

Armour Excavating LLC, a Texas-based excavating and aggregate materials provider, has acquired R Cedar LLC dba Buck Valley Trucking, a Center Point, Texas hauling company. The acquisition expands Armour’s geographic footprint into Center Point and adds aggregate hauling capabilities and customer relationships to its services.