SRM Concrete Acquires Conroe Concrete (Yancey Ready-Mix)

December 6, 2019

SRM Concrete has acquired Conroe Concrete (doing business as Yancey Ready-Mix), a family-owned ready-mix concrete manufacturer based in Conroe (north Houston), Texas. The acquisition expands SRM's footprint in the Houston/North Texas market; terms were not disclosed and ClearRidge advised the sellers (Bobby and Jo Ann Yancey).

Buyers
SRM Concrete
Targets
Conroe Concrete (Yancey Ready-Mix)
Sellers
Bobby Yancey, Jo Ann Yancey, Yancey family / Conroe Concrete owners
Location
Texas, United States
Transaction Type
Buyout

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