HYAC Overview

Acquisition Announcement: Suncrete has acquired the assets of Schwarz Ready Mix and related companies, significantly expanding its operations in the Oklahoma City metro area with 20 new ready-mix plants and over 100 mixer trucks.

Growth Strategy: The acquisition aligns with Suncrete's strategy to enhance its geographic reach and scale in the ready-mix concrete industry, aiming to capitalize on growth opportunities in the rapidly developing Sunbelt region of the U.S.

Employee Integration: The acquisition brings over 200 employees from Schwarz into Suncrete, leveraging their local expertise and established customer relationships to strengthen Suncrete's market presence.

Future Outlook: Suncrete's CEO emphasized the company's commitment to integrating the new assets and achieving operational synergies, while also highlighting the potential risks and uncertainties associated with the acquisition process.

Business Combination Announcement: SunTx Capital Partners and Haymaker Acquisition Corp. 4 announced a proposed business combination to take Suncrete, a ready-mix concrete logistics and distribution platform, public on the New York Stock Exchange, with the transaction expected to close in Q1 2026.

Growth Strategy and Market Position: Suncrete aims to expand its operations in the U.S. Sunbelt region, leveraging a proven growth strategy focused on both organic and acquisitive revenue growth, supported by a significant acquisition pipeline and strong profitability metrics.