Conroe Concrete (Yancey Ready-Mix) has been acquired by SRM Concrete. The buyer, SRM Concrete is among the fastest-growing concrete companies in the US, with over 200 locations across 14 states in the Eastern US, expanding South, acquiring ten concrete companies in 2018 and exceeding that growth again in 2019. ClearRidge advised the owners of Conroe Concrete (Yancey Ready-Mix) on the sale.
Arrowhead Precast was acquired by NAPCO Precast. Arrowhead fabricates precast parking garages, bridges, panels, beams, planks, columns and other precast concrete structures. ClearRidge advised the owners of Arrowhead on the sale.