Sills Cummis Represents Stavola Holding Corporation on $1.2 Billion Sale…
Sills Cummis Represents Stavola Holding Corporation on $1.2 Billion Sale to Arcosa
October 1, 2024
Sills Cummis & Gross represented Stavola Holding Corporation on its $1.2 billion sale to Arcosa, Inc. The deal closed on October 1, 2024.
Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey Metropolitan Area through its network of five hard rock natural aggregates quarries, twelve asphalt plants, and three recycled aggregates sites.
Arcosa, Inc., headquartered in Dallas, Texas, is a provider of infrastructure-related products and solutions with leading positions in construction, engineered structures, and transportation markets.
The Sills Cummis team was spearheaded by Robert E. Schiappacasse and Frederic M. Tudor, and included members from the Firm’s Corporate, Real Estate, Employment, Litigation, Environmental and Tax practices.
The Orr Group served as financial advisor to Stavola.
Arcosa was represented by Kirkland & Ellis. Barclays and Evercore served as financial advisors to Arcosa.