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Stock impact report

Sun Capital Affiliate Agrees on Sale of StonePoint to Arcosa

Arcosa, Inc. (ACA) 
Last arcosa, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that its affiliate has signed a definitive agreement to sell StonePoint Ultimate Holding, LLC and affiliated entities (“StonePoint” or “the Company”) to Arcosa, Inc. (NYSE: ACA) (“Arcosa”), a provider of infrastructure-related products and solutions.StonePoint is a top-25 U.S. aggregates company that provides crushed stone, sand and gravel to diverse end markets, including infrastructure, commercial and residential construction and energy. The company operates across nine states in the Gulf Coast, Midwest and Southeast regions, producing approximately 9.0 million tons of aggregates annually and offers complementary asphalt production and paving services in certain markets.“Our work with StonePoint underscores our strength in partnering with outstandin Show less Read more
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