FMI Announces Sale of J & R Sand Company to Legacy Infrastructure Group
FMI Capital Advisors is pleased to announce the sale of J & R Sand Company, Inc., to Legacy Infrastructure Group. FMI Capital Advisors served as the exclusive sell-side advisor to J & R Sand Co. for this transaction.
Founded in 1959, J & R Sand Co. is a third-generation family-owned business, recognized as one of the largest materials producers in southwest Kansas and northwest Oklahoma. With three asphalt plants and one sand and gravel pit, J & R Sand Co. has leveraged vertical integration to become a leading paving contractor in its core market due to its self-supply capabilities in aggregates and asphalt—resources in an area where materials are scarce.
“When we decided to explore the sale of J & R, FMI Capital Advisors brought invaluable expertise to the table,” said Todd Carlile, owner of J & R Sand Co. “Navigating the complexities of our market required a partner who truly understood the operational nuances. Their strategic approach and dedication not only made the process smoother but also gave us confidence that our legacy and the future of J & R were in good hands.”
About FMI Capital Advisors:
FMI Capital Advisors has fully dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. Our Construction Materials team has a combined 35 plus years of experience and has completed more than 100 transactions in the sector. For more information, visit fmicapitaladvisors.com.
FMI Capital Advisors Contacts:
Rob Mineo
Managing Director
919.539.6861
[email protected]
George Reddin
Managing Director
919.349.1919
[email protected]