All Craftsmen is headquartered in Burnsville, Minn., and adds a complementary set of geographies in and around Minnesota to Ashco’s portfolio following the partnership.
Proceeds from the refinancing will be used to repay Tecta's existing Second Lien Term Loan, to pre-fund acquisitions under letters of intent and for general corporate purposes.
Cornerstone Building Brands, Inc., the North American manufacturer of building products, announced it had acquired MAC Metal Architectural, based in Saint-Hubert, Quebec, Canada.
Cleveland-Cliffs Inc. has revealed its plan to acquire all outstanding United States Steel Corporation stock through a cash and stock deal, potentially creating one of the world's largest steel producers; US Steel has rejected the proposal.
Generational Equity facilitated the sale of Rogers Roofing, Inc., a Hammond, Ind.-based home roofing and remodeling company, to Vertex Service Partners, an Alpine Investors portfolio company; specific terms undisclosed, and the deal closed last April.
ABC Supply Co. expands its presence in Canada with the acquisition of Cedar Grove Roofing Supply, including seven locations in Vancouver's Lower Mainland and Vancouver Island.