Financing for the Acquisition of United Materials Inc.

Industrial
Financing for the Acquisition of United Materials Inc.

Summary

Baird served as the exclusive debt advisor to Construction Resources Holdings, LLC on this transaction

About

Construction Resources Holdings, LLC (“CR” or the “Company”), a portfolio company of Monomoy Capital Partners (“Monomoy”), recently completed a secured debt financing (the “Financing”) in support of its acquisition of United Materials, Inc. (“UMI”). The Financing consisted of a senior secured term loan and revolving credit facility.

CR is a leading, value-added distributor of specialty building products and complementary services serving residential and commercial applications in Georgia, Florida, Alabama, South Carolina and North Carolina. The Company is a one-stop shop for kitchen and bath needs, including countertops, appliances, glass & mirrors, fireplaces, lighting and flooring. CR was formed in 2015 from Monomoy’s acquisition of Builder Specialties, Inc. and Construction Resources, Inc. and is headquartered in Atlanta, Georgia.

Monomoy Capital Partners is a private investment firm with $1.5 billion in committed capital in a family of investment funds. Monomoy makes investments in the debt and equity of middle market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe.

UMI is a leading value-added distributor of countertops and specialty products for diverse residential and commercial applications in the southeastern United States. UMI’s products include natural stone, engineered stone and complementary countertop materials. UMI was founded in 2002 and is headquartered in Naples, Florida.
CONTACT US TO LEARN MORE
Industrial
Financing for the Acquisition of United Materials Inc.
Date
June 2019
Company
Construction Resources Holdings, LLC
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

Share