Fabco, a portfolio company of Argonaut Private Equity, has acquired Volunteer Rebar, a construction products provider focused on rebar fabrication.
Fabco is a provider of concrete construction materials and supplies for engineered steel rebar and associated construction products. The deal is intended to create a nationwide, premier concrete construction materials provider.
“Focusing on our customers has built a great company for us in Nashville,” commented Volunteer Rebar, president J.R. Sims. “Now, this partnership gives us the power to accelerate the growth of Volunteer Rebar through increased services for our Tennessee customers.”
“At FABco, we’ve always been a people-focused business,”said Fabco CEO Martin Paul. “Adding the great people of Volunteer Rebar is a perfect fit that makes us stronger. Together we are building something special: a nationwide, premier concrete construction materials provider. This acquisition represents a strategic next step in realizing our vision.”