PE-backed Construction Supply Group makes three acquisitions
Summary
CSG is a provider of specialty construction materials, accessories and tools, primarily for professional concrete and masonry contractors in the U.S. and Canada.The Sterling Group, an operationally focused private equity firm, partnered with management in late 2016 to build a new national leader.The additions of All-Tex, MASONPRO and Titan will result in an expanded presence in the Texas, Oklahoma, Michigan, and Nevada markets, as well as an increased product offering within masonry specialty materials.“Today’s acquisitions further demonstrate CSG’s commitment to providing our customer base with industry leading products and service,” said Mitch Williams, CEO of Construction Supply Group.Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies.