Greybull Stewardship and Gemstone Capital Acquire Ada Sand & Gravel, Inc.
October 4, 2019
Greybull Stewardship and Gemstone Capital acquired Ada Sand & Gravel, Inc., a family-owned supplier of sand and gravel based in Boise, Idaho. The transaction, announced by sell-side advisor Woodbridge International, transfers the business (est. operating from a 50-acre gravel pit since 1961) to the two investor groups as a family-owner exit.
- Buyers
- Greybull Stewardship, Gemstone Capital
- Targets
- Ada Sand & Gravel, Inc.
- Sellers
- Ada Sand & Gravel (family owners)
- Industry
- Building Products
- Location
- Idaho, United States
- Transaction Type
- Buyout
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