Oldcastle Infrastructure, a CRH company, acquires Baray Enterprises, Inc. dba Nance Precast, the leading manufacturer of custom and standardized precast concrete products in Oklahoma.

ClearRidge (M&A and Transaction Advisors) represented Nance Precast on this transaction.

Nance Precast is a founder and family-owned business, founded in Piedmont, Oklahoma (Oklahoma City Metro) in 1989. Nance Precast has the most advanced and highest volume facility in the state of Oklahoma and is rapidly gaining market share in precast pipe and box culvert.

“Our family has spent almost four decades growing and re-investing in the most modern and efficient precast facility in our region, but we needed a trusted partner to fuel the next stage of growth and meet the expanding demands of the market in Oklahoma and adjacent states,” said Chad Nance, President. “Oldcastle Infrastructure shares our values and vision and we’re confident the company will continue thriving under their ownership. We look forward to working together with the Oldcastle team.”

About Nance Precast
Baray Enterprises, Inc. dba Nance Precast (www.npcp.net), is the leading manufacturer of custom and standardized precast concrete products in Oklahoma. Nance’s capabilities in precast pipe are 12” to 72” in diameter, used for water, wastewater and stormwater flow in highway and transportation projects, infrastructure, commercial development, and underground utilities. Nance also manufactures a range of precast box culverts that serve as essential drainage solutions.

Terms of the transaction are not disclosed.

Securities related services (capital sourcing and securities transactions) are offered through an unaffiliated entity, M&A Securities Group, Inc., member FINRA/SiPC