Kirkland & Ellis advised Dallas-based Arcosa, Inc. (NYSE: ACA) in its acquisition of Strata Materials for $87 million, subject to customary purchase price adjustments. Strata is a leading provider of recycled aggregates in the Dallas-Ft. Worth area, with five recycled aggregates locations and one natural aggregates plant. The acquisition expands Arcosa’s recycled aggregates platform into the Dallas-Fort Worth market and further advances Arcosa’s overall portfolio shift into construction products.
The Kirkland team was led by transactional partner Kevin Crews and associates Ben Hardison, John Phelan and Abbey Zuech; real estate partner Conrad Steele and associate Callie Poorman; tax partners David Wheat and Lane Morgan; environmental transactions partner Jonathan Kidwell; executive compensation partner Rob Fowler; labor & employment partner R.D. Kohut; and antitrust and competition partner Carla Hine.