a Monomoy Portfolio Company Acquires
United Materials, Inc. (“UMI”), a division of Construction Resources (“CR”), is pleased to announce the acquisition of Any Old Stone ("AOS"). The acquisition of AOS marks Construction Resources' second add-on acquisition in 2019.
Based in Jacksonville, Florida, AOS is a family-owned and operated value-added distributor of natural and quartz surfaces serving the repair and remodel residential and commercial markets. The Company distributes throughout Northern Florida and Southern Georgia.
The acquisition of AOS helps further extend Construction Resources' reach throughout the Southeast, increases UMI’s market share within Florida and enhances the platform's stone distribution footprint.
Construction Resources is actively searching for additional stone distribution businesses as it continues its expansion throughout the Southeast. Please see below for add-on criteria:
Business Model: Distribution
Size: $2mm+ EBITDA
To learn more about Construction Resources and the Building Products Distribution space, please read our interview with Mitch Hires, CEO of Construction Resources by clicking here.