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New Enterprise Stone & Lime, established in 1924, is a leading, family-owned provider of aggregate materials and highway construction services |
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Stabler Companies, established in 1940, is a major provider of aggregate materials, highway construction services, and traffic safety products |
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TM Capital was retained by New Enterprise to assist in negotiating the acquisition of Stabler in a competitive process |
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TM Capital was also retained by New Enterprise to assist in arranging financing for the acquisition and to refinance existing indebtedness |
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TM Capital assisted New Enterprise in completing this key strategic acquisition and in arranging $535 million of related financing led by M&T Bank and National City Bank |
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