CastCrete USA, Inc.
White Plains, N.Y.-based Stonebridge Partners has closed on CastCrete USA, Inc., a leading producer of branded precast lintels, sills, scuppers and thresholds used in residential and commercial concrete masonry construction.
Advising Steffner, Fla.-based Cast-Crete on the deal was Washington Partners LLC, Tampa. "They contacted us given our very successful prior deal in a similar space and thought our experience would be a great match with Cast-Crete and the management team," says Stonebridge co-Managing Partner Mike Bruno. "From the introduction to the seller, site visits, negotiations, and throughout the closing, the entire deal team at Washington Partners provided timely assistance. They demonstrated a rare understanding of the relationship that occurs between the buyer and seller, especially in a complex deal like this."