Suncrete, Inc. (RMIX): M&A transaction — Suncrete completes acquisition of Hope Concrete (10 plants, 88 trucks) for $39.4M + equity

Suncrete, Inc.

Acquires 100% of Hope Concrete, a ready-mix concrete operator with 10 plants and 88 mixer trucks in North Texas and Southern Louisiana.
Total consideration: $39.4M cash plus rollover equity (220,007 shares to Mikytuck; 695,110 shares issuable to Foley).
Foley family continues as equity holders and operational leaders, providing local market expertise.
Expands Suncrete's footprint into Texas and Louisiana; serves as platform for future acquisitions in the region.
Deal closed on April 28, 2026; required financial statements to be filed within 71 days.

item 1.01 item 2.01 item 3.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Suncrete, Inc. completed an acquisition involving Hope Concrete Intermediate Holdings, LLC, Michael Mikytuck, Christine Wienberg, and Foley Bros., LLC for 220,007 shares of Class A Common Stock, 69,511 shares of Class B common stock of Purchaser Holdco, and a net closing cash payment of $39,377,232.21 (closed 2026-04-28).

Action: acquisition
Counterparty: Hope Concrete Intermediate Holdings, LLC, Michael Mikytuck, Christine Wienberg, and Foley Bros., LLC
Consideration: 220,007 shares of Class A Common Stock, 69,511 shares of Class B common stock of Purchaser Holdco, and a net closing cash payment of $39,377,232.21
Closing: 2026-04-28

Exact text from the filing

in its capacity as representative of the Sellers. After giving effect to the transactions contemplated by the Purchase Agreement, the aggregate consideration consisted of (i) 220,007 shares (the “Mikytuck Rollover Securities”) of Class A Common Stock, par value $0.0001 per share, of the Company (“Class A Common Stock”) issued to Mr. Mikytuck, (ii) 69,511

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Suncrete, Inc. entered into Membership Interest Purchase Agreement with Hope Concrete Intermediate Holdings, LLC, Michael Mikytuck, Christine Wienberg, Foley Bros., LLC valued at net closing cash payment of $39,377,232.21 (effective 2026-04-28).

Action: entry
Agreement: asset purchase
Counterparty: Hope Concrete Intermediate Holdings, LLC, Michael Mikytuck, Christine Wienberg, Foley Bros., LLC
Value: net closing cash payment of $39,377,232.21
Effective: 2026-04-28

Exact text from the filing

On April 28, 2026, two subsidiaries of Suncrete, Inc., a Delaware corporation (the “Company”) – Concrete Partners, LLC, a Delaware limited liability company (“Purchaser”) and Suncrete Intermediate, Inc., a Delaware corporation and newly formed subsidiary of the Company (“Purchaser Holdco”) – entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) and related agreements with the owners of Hope Concrete, LLC, a Texas limited liability company (the “Target”), to acquire 100% of the ownership interests of Target and its subsidiaries

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15 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Suncrete, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-050956

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