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Monomoy Acquires Precast Building Products Manufacturer Cast-Crete.

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MANews-(C)2009-2022

US-based middle-market private investment firm Monomoy Capital Partners has acquired US-based precast concrete manufacturer and distributor Cast-Crete Holdings, LLC, the firm said.

The transaction closed in November 2021; transaction terms were not disclosed.

Cast-Crete is the nation's largest manufacturer and distributor of precast and prestressed concrete lintels and sills.

Founded in 1955, Cast-Crete pioneered the use of precast concrete lintel products, which has become the industry standard for residential and commercial buildings.

A vertically-integrated company, Cast-Crete delivers its manufactured precast products, along with sourced complementary items, directly to its customers' job sites.

Headquartered in Seffner, Florida, Cast-Crete has nine distribution locations across the state of Florida to support its customers.

The company's chief executive officer Jim Connelly will continue to lead from the...

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