Kirkland & Ellis advised Dallas-based Arcosa, Inc. (NYSE: ACA) on a definitive agreement to acquire Stavola for $1.2 billion in cash, subject to customary adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey metro area. The transaction, announced on August 1, 2024, is expected to close during Q4 2024.
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