Boxley Materials Company

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Boxley Materials Company - overview

Established

1892

Location

-, VA, US

Primary Industry

Construction

About

Boxley Materials Company specializes in producing high-quality aggregates and slate products essential for construction and landscaping projects, ensuring reliable and durable materials for various applications. Established in 1892 in the US, Boxley Materials Company focuses on the production of aggregate materials. The company was acquired by Summit Materials, a portfolio company of Blackstone Group and Silverhawk Capital Partners, in February 2016, with the transaction closing in March 2016. Boxley primarily produces high-quality aggregate and slate products that serve essential roles in construction and landscaping applications.


Their core product offerings include various types of aggregate materials, such as crushed stone, gravel, and industrial mineral fillers, which are crucial for the construction of homes, schools, hospitals, and infrastructure like roads and bridges. Additionally, Boxley offers decorative stones and hardscapes that enhance landscaping aesthetics, broadening their appeal to residential builders, landscapers, and construction firms. Their products are marketed primarily throughout central and western Virginia, serving a diverse range of clients including contractors, municipalities, and retailers involved in the construction and landscaping sectors. Boxley generates revenue through direct sales of its aggregate and slate products to a variety of clients, including construction firms and local government agencies.


Transactions typically occur on a business-to-business (B2B) basis, where clients place orders for bulk quantities of materials required for their projects. The pricing structure is determined based on the type of product, volume ordered, and any specific requirements related to delivery or customization. Boxley's offerings, including their L-Series™ decorative stone and various industrial mineral fillers, cater to different segments of the construction industry, ensuring a steady stream of revenue from both ongoing contracts and new project engagements. With the acquisition by Summit Materials, Boxley Materials Company is expected to leverage new resources for potential growth.


While specific upcoming products or expansion markets have not been detailed, the acquisition signifies a commitment to exploring new opportunities in the construction sector. The most recent deal on February 11, 2016, aims to enhance Boxley’s operational capabilities and market reach, providing avenues for future development.


Current Investors

Summit Materials

Primary Industry

Construction

Sub Industries

Construction, Masonry Materials

Website

www.boxley.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Boxley Materials Company - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedBoxley Materials Company-

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