Suncrete acquires Nelson Bros. Ready Mix for $42.3M cash plus 1.3M shares

Filed May 7, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Suncrete closed acquisition of Nelson Bros. Ready Mix and R&R Trucking for $42.3M cash plus 1,296,456 Class A shares, expanding concrete manufacturing and trucking operations in Texas.

  Item 1.01 verify on EDGAR →
• medium

  Sellers eligible for up to $18M earnout over 5 years based on materials spread targets, with up to 50% payable in stock. This creates potential for additional dilution if targets are met.

  Item 1.01 verify on EDGAR →
• medium

  Stock consideration issued under private placement exemptions (Section 4(a)(2) and Rule 506), meaning shares were not registered with SEC and went to accredited investors.

  Item 3.02 verify on EDGAR →