Middle-market private equity firm Monomoy Capital Partners has completed its purchases of building product companies Construction Resources Inc. and Builder Specialties Inc. for an undisclosed amount. As a result, the PE firm will merge both targets into one company that will be called Construction Resources.
Construction Resources, located in Alpharetta, Georgia, makes floors, bathtubs, countertops and sinks. Builder Specialties, based in Atlanta, Georgia, distributes fireplaces, mantels and garage doors. The combined company will have 27 locations. Management teams from both targets will have a stake in Construction Resources.