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Arcosa, Inc (ACA) Q1 2021 Earnings Call Transcript


Operator
Good morning, ladies and gentlemen, and welcome to the Arcosa, Inc. First Quarter 2021 Earnings Conference Call. My name is Mallory [Phonetic] and I will be your conference call Coordinator. [Operator Instructions]
Now, I would like to turn the call over to your host Gail Peck, SVP, Finance and Treasurer for Arcosa. Ms. Peck, you may begin.
Gail M. Peck
SVP, Finance & Treasurer
Good morning, everyone. Thank you for joining our first quarter 2021 earnings call. With me today are Antonio Carrillo, President and CEO; and Scott Beasley, CFO.
A question-and-answer session will follow their prepared remarks. A copy of yesterday s press release and the slide presentation for this morning s call are posted at our Investor Relations website www.ir.arcosa.com. A replay of today s call will be available for the next two weeks. Instructions for accessing the replay number are included in the press release. A replay of the webcast will be available for one y ....

United States , Stone Point , Ian Zaffino Oppenheimer , Scott Beasley , Antonio Carrillo , Gail Peck , Stefanos Christ , Julio Romero , Gailm Peck , Julio Romero Sidoti , Ian Zaffino , Justin Bergner , Brent Thielman , Scott Beasley Arcosa Inc , Arcosa Inc , First Quarter , Investor Relations , Generally Accepted Accounting , Private Securities Litigation Reform Act , Chief Executive , Construction Products , Engineered Structures , Stonepoint Materials , Construction Materials , Transportation Products , Gulf Coast ,

Arcosa, Inc. Announces Completion of StonePoint Materials Acquisition and Issuance of $400 Million of Senior Notes


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StonePoint Materials Acquisition Expands Footprint in Texas and Louisiana and Provides Entry into New Markets in Tennessee, Kentucky, Pennsylvania, and West Virginia
Adds Pipeline of Organic Growth Opportunities and Bolt-on Acquisitions
Debut 4.375% $400 Million Senior Notes Offering Provides Attractive Long-Term Acquisition Financing
Arcosa, Inc. (NYSE:ACA) ( Arcosa or the Company ), a provider of infrastructure-related products and solutions, today announced that it has completed the previously announced acquisition of StonePoint Ultimate Holding, LLC and affiliated entities ( StonePoint ) from an affiliate of Sun Capital Partners for $375 million.
StonePoint is one of the 25 largest aggregates companies in the United States, with approximately 9 million tons of annual production across 20 locations, and more than 40 years of reserve life. StonePoint operates in three regions: Gulf Coast (Texas, Louisiana, Mississippi), Tennessee/Kentucky, and Pennsy ....

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