Business
SunTx Capital Partners' Portfolio Company, Suncrete, to Pursue Listing on the New York Stock Exchange through a Proposed Business Combination with Haymaker Acquisition Corp. 4
DALLAS and NEW YORK, Oct. 9, 2025 /PRNewswire/ -- SunTx Capital Partners ("SunTx"), a leading Texas-based private equity firm that invests in construction
About this update from Construction Partners, Inc.
[{"type":"text","content":"\n DALLAS and NEW YORK, Oct. 9, 2025 /PRNewswire/ -- SunTx Capital Partners (\"SunTx\"), a leading Texas-based private equity firm that invests in construction materials, manufacturing, distribution and service companies, and Haymaker Acquisition Corp. 4 (NYSE: HYAC) (\"Haymaker\"), a publicly traded special purpose acquisition company, today announced that SunTx's portfolio company, Concrete Partners Holding, LLC (\"Suncrete\" or the \"Company\"), will pursue a listing on the New York Stock Exchange through a proposed business combination (the \"Business Combination\" or \"Transaction\") with Haymaker that is expected to close in the first quarter of 2026. Upon closing of the Business Combination, the combined company will be named Suncrete, Inc. (\"PubCo\").\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n SunTx is excited to partner with Haymaker to bring Suncrete to the public markets.\n Suncrete is a ready-mix concrete logistics and distribution platform operating in a mission critical segment of the construction value chain with an established base of high-quality concrete plants and tech-enabled mixer trucks that are strategically located in Oklahoma and Arkansas with plans to expand throughout the high-growth Sunbelt region of the United States, benefitting from attractive population, housing and infrastructure growth tailwinds.\n Suncrete is a growth company executing a proven and repeatable strategy to gain scale in the highly fragmented U.S. ready-mix concrete industry through a local market, focused, and hub-and-spoke operating model. Ready-mix concrete is a highly-fragmented landscape with over 3,000 concrete plants in the Sunbelt region and an industry-wide generational ownership transfer in progress.\n Suncrete anticipates growth based on a proven strategy of both organic and acquisitive revenue growth, supported by a balanced approach of serving infrastructure, commercial and residential end market customers, resulting in a durable, resilient business model. The ready-mix concrete industry is attractive given its highly-fragmented and localized markets with limited acquirors. Suncrete currently has a significant, actionable acquisition pipeline and is in ongoing discussions with targets operating in new and existing Sunbelt states.\n Suncrete has industry-leading profitability from sophisticated operations, with in...