Arcosa to Acquire Tinton Falls-based Stavola for $1.2B

As seen in this article, “Arcosa Inc. will acquire 75-year-old Jersey Shore business Stavola for $1.2 billion in cash. Both the Dallas-based provider of infrastructure-related products and solutions as well as the target announced entering a definitive agreement Aug. 1. Under the deal, Arcosa will assume the construction materials business of Stavola Holding Corp. and its affiliated entities.”

A Sills Cummis team led by Members Robert Schiappacasse and Frederic Tudor represents Stavola on the transaction.

The article later continued, “‘We here at Sills have had the privilege of representing the Stavola companies for many years,’ commented Schiappacasse. ‘This transaction is representative of the many decades of dedication and hard work by the Stavola family and all of the employees and advisors who make up the Stavola companies, and we are proud to be part of that team.’”