Sprint to the Finish
Representing a privately owned, regional construction materials and supply company, Greg Beekman assisted the client in completing the acquisition of the Eastern Missouri ready-mix concrete division of a multi-national building materials conglomerate in less than three weeks after the parties executed a letter of intent. Due to the seasonality of the construction materials business and concerns about the local market becoming aware of the deal, the parties needed to close the transaction as quickly as possible. In addition to negotiating and coordinating the acquisition itself, Greg and his team worked day and night to address and resolve the related real estate, labor, environmental and financing issues and were ultimately able to meet the parties’ aggressive deadline.