Arcosa Acquires Strata Materials
October 12, 2020
Arcosa, Inc. acquired Strata Materials for approximately $87 million to expand its aggregates footprint in the Dallas–Fort Worth region. Strata operates five recycled-aggregates locations and one natural-aggregates plant, produced more than 2 million tons over the prior 12 months, and had trailing 12-month Adjusted EBITDA of about $10.2 million (~8.5x).
- Buyers
- Arcosa, Inc.
- Targets
- Strata Materials
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Buyout
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