SPAC combinationOct 9, 2025Completed
πΊπΈ United States
CPConcrete Partners Holding, LLCHAHaymaker Acquisition Corp. 4
Materials & Chemicals βΊ Construction Materials
Enterprise value$226MEnterprise value
AnnouncedOct 9, 2025
ConsiderationUndisclosed
StructureOther
RegionNorth America
Cross-borderUnknown
Contingent paymentNo
Overview
Concrete Partners Holding, LLC, a SunTx Capital Partners portfolio company, entered into a business combination agreement with SPAC Haymaker Acquisition Corp. 4, forming Suncrete, Inc. The deal provides about $226 million in gross proceeds from trust funds and a concurrent PIPE.
Deal rationale
The combination brings the ready-mix concrete logistics platform to the public markets to fund organic growth and expansion through acquisitions in the Sunbelt region.
AI-generated from the SEC filingCompletedMaterials & Chemicals βΊ Construction MaterialsUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | $226M | Headline figure |
| Consideration | Undisclosed |
Advisors
Buy-side
WBWilliam Blair
Sell-side
BBairdJJefferies
Parties
Target
CPConcrete Partners Holding, LLC
- Headquarters
- United States
- Ticker
- β
Acquirer
HAHaymaker Acquisition Corp. 4
- Headquarters
- β
- Ticker
- β
Seller
SCSunTx Capital Partners
- Headquarters
- β
- Ticker
- β