Source: BMC Enterprises Inc., St. Louis; CP staff
Through its Eastern Missouri Concrete affiliate, BMC Enterprises has acquired Hannibal, Mo.-based Mark Twain Redi Mix, whose assets include four plants, 50 mixer trucks, and a bulk hauling division.
Graycliff Partners, an independent New York investment firm focusing on middle market private equity transactions, has provided subordinated debt and equity financing to Delaware, Ohio-based Oberfields, a key regional player in concrete masonry and hardscape products, including standard gray and architectural block, segmental retaining walls, pavers, and precast components, plus related accessories. The investment supports the recapitalization of the company, led by President and CEO Bruce Loris, and buyout of another principal, Anderson Group LLC.
Sources: BMC Enterprises, Inc., St. Louis; CP staff
BMC Enterprises has added to its Missouri aggregates business through the opening of the BMC Stone quarry in High Hill; acquisition of a strategic interest in Base Rock Minerals, LLC, a limestone quarry in Bonne Terre; and, acquisition of Strack Stone Co., a limestone quarry located just north of Cape Girardeau. The latter will operate under the Base Rock Minerals name.