Construction Resources Acquires MVP Granite Countertops and Opustone LLC

GW Capital Acquires US Marble & Granite, Rebrands as Granite Works Stone Design

October 4, 2021

Building Products

GW Capital, the management company led by Tony Nasrallah, acquired US Marble & Granite and rebranded the business as Granite Works Stone Design. The acquisition expands GW Capital's portfolio (joining Ground Works Land Design), establishes a 55,000 sq. ft. headquarters at 875 Crocker Rd. in Westlake, Ohio, and adds on-site stone fabrication and showroom capabilities for residential and commercial customers.

Granite Construction Acquires Lehman-Roberts Company and Memphis Stone & Gravel

December 5, 2023

Construction

Granite Construction Incorporated (NYSE: GVA) has acquired Lehman-Roberts Company and Memphis Stone & Gravel Company, expanding its materials and paving footprint in the Memphis metropolitan market. The deal adds asphalt plants and sand & gravel mines (with substantial reserves) to Granite’s operations and will be financed with a $150 million term loan plus revolver and cash on hand; the acquired companies’ leadership will remain in place.

Granite Acquires Warren Paving and Papich Construction

August 6, 2025

Construction

Granite Construction (NYSE: GVA) completed acquisitions of Warren Paving and Papich Construction for a combined purchase price of $710 million, adding approximately $425 million of annual revenue and materially increasing its aggregates reserves and production. The deals expand Granite's vertically-integrated home markets—adding a major barge-enabled aggregates network in the Southeast and quarry/roadbuilding capabilities on California's Central Coast—and are expected to be accretive to adjusted EBITDA.

Outdoor Living Supply Acquires Majestic Stone Landscape & Stucco Supply

September 16, 2024

Building Products

Outdoor Living Supply (OLS), a PE-backed distribution platform focused on outdoor living products, has acquired Majestic Stone Landscape & Stucco Supply, a full-service distributor of manufactured and natural stone, hardscape and landscape products. The deal adds two strategic locations in the Georgia market and will keep founder Al Irwin involved as an Ambassador to support the transition and continuity for customers, suppliers and employees.

Vulcan Materials Company Acquires Wake Stone Corporation

September 26, 2024

Building Products

Vulcan Materials Company has entered into a definitive agreement to acquire Wake Stone Corporation, a leading pure‑play aggregates supplier in the Carolinas. The acquisition expands Vulcan’s aggregates footprint and reserves—notably serving the Raleigh, North Carolina area—and is expected to close later this year subject to customary conditions.

Richelieu Hardware Acquires Midwest Specialty Products, LLC

April 15, 2025

Building Products

Richelieu Hardware has acquired Midwest Specialty Products, LLC, a Shakopee, Minnesota-based distributor of premium countertop and surface solutions. The acquisition closed January 13, 2025 and was advised by Generational Group. The deal expands Richelieu's product offering in stone slabs and strengthens its distribution footprint in the U.S. Midwest.