Troutman Pepper Advises Client Quikrete on $2.74B Acquisition of Forterra, Inc.
ATLANTA – Troutman Pepper client Quikrete Holdings, Inc. recently announced its entry into an agreement to acquire Forterra, Inc., a publicly held leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada. The transaction is valued at $2.74 billion, including outstanding debt. Read a press release about the transaction.
Quikrete, a leading buildings materials company based in Atlanta, services new construction and repair and remodeling projects for residential, commercial and infrastructure markets in the U.S. and Canada. It also produces the iconic Quikrete-branded concrete and mortar mixes used for various construction projects.
A team of Troutman Pepper attorneys, including Partners David Ghegan and Steven Khadavi, and Associates Wallace Bao and Cagatay "Ty" Akkoyun are serving as legal counsel for the transaction.
Consistently recognized as a top-tier national practice, Troutman Pepper's corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising clients on matters from fund formation to investments and exit transactions.
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