D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Dan Copp Crushing Corp., a leader in construction aggregates recycling and custom crushing services in the Southern California civil infrastructure market, in its sale to North American Recycling and Crushing, LLC, a subsidiary of Vulcan Materials Company (NYSE: VMC). Vulcan Materials is the largest producer of construction aggregates in the United States. Terms of the transaction were not disclosed.
Founded in 1978 with headquarters in Yorba Linda, Calif., Dan Copp Crushing is one of the largest independent service providers in the region and a recognized industry leader in the construction sector.
“The addition of Dan Copp Crushing’s capabilities to Vulcan Materials’ extensive California operations is a tremendous fit,” said Tim Sznewajs, managing director and co-head of Engineering and Construction Investment Banking at D.A. Davidson. “We are pleased for both organizations and the market opportunities this transaction creates for the combined business.”
D.A. Davidson’s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,350 employees and offices in 25 states.
Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.
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