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Monomoy Acquires Cast-Crete, A Leading Precast Building Products Manufacturer And Distributor

Jan 06, 2022•over 3 years ago

Acquiring Company

Monomoy Capital Partners

Acquired Company

Cast-Crete

GreenwichVenture Capital

Description

Monomoy Capital Partners, a middle-market private investment firm focused on operational value creation for industrial and consumer product businesses, announced today that it acquired Cast-Crete Holdings, LLC. The transaction closed in November 2021; transaction terms were not disclosed.

Company Information

Company

Monomoy Capital Partners

Location

Greenwich, Connecticut, United States

About

Monomoy Capital Partners is a private investment firm with $2.7 billion in committed capital across a family of investment funds. Monomoy invests in the equity and debt of middle-market businesses that can benefit from operational and financial improvement with a focus on manufacturing and distribution businesses across industrial and consumer product sectors in North America and Europe. Please see our website at www.mcpfunds.com for further information concerning Monomoy and its portfolio companies.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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