Has Been Acquired By
Cherry Industries, Inc.
Cherry is a leading producer of natural and recycled aggregates. The company has developed a unique platform of mines, processing facilities, and services to offer a range of construction materials to customers. It serves diverse infrastructure markets, including highway, industrial, commercial, and residential markets, and also provides concrete demolition services, primarily to secure raw materials for recycled aggregates. The company was founded in 1952 and is based in Houston, TX.
Arcosa, Inc., headquartered in Dallas, Texas, is a growth-oriented provider of infrastructure-related products and solutions with leading positions in construction, energy, and transportation markets. Arcosa reports its financial results in three principal business segments: the Construction Products Group, the Energy Equipment Group, and the Transportation Products Group. The Construction Products Group provides aggregates, specialty materials and site support for the construction of roads, bridges, commercial and residential buildings.
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Cadre Holdings, Inc. Prices Its Follow-on Offering. Stephens served as a Bookrunner on the offering.
American Bank, N.A. has agreed to acquire TexStar National Bank. Stephens served as exclusive financial advisor to American Bank, N.A.