M&A
confidence high
sentiment positive
materiality 0.95
Arcosa to be acquired by CRH for $150/share in all-cash deal valued at $8.5B enterprise value
Arcosa, Inc.
- $150 per share cash consideration, ~25% premium to Arcosa's 60-day VWAP as of June 18, 2026.
- Enterprise value ~$8.5B; acquisition multiple 11.5x 2026E Adj. EBITDA including $175M run-rate cost synergies by year three.
- Transaction expected to be accretive to earnings, margin and cash flow in first 12 months post-close.
- Closing conditions include Arcosa stockholder approval, HSR and other regulatory clearances; target outside date June 21, 2027.
- Termination fees: $260M payable by Arcosa if it accepts superior proposal; $372M payable by CRH if antitrust clearances fail.