Family businesses acquired in North Carolina – Pit & Quarry

Blue Ridge Building Capital acquired Matthews Sand & Gravel and Edge Aggregates, a pair of North Carolina-based building materials-producing firms.

As a part of the transaction, Blue Ridge Building Capital mixed Matthews Sand & Gravel and Edge Aggregates into Matthews-Edge Sand, a single entity that can serve the market in and round Raleigh, North Carolina, with building aggregates.

Matthews Sand & Gravel, based in 1963, was primarily based in Smithfield, North Carolina. The corporate traditionally provided asphalt sand and concrete sand to Raleigh.

Edge Aggregates was based in 2021. Based mostly in Battleboro, North Carolina, Blue Ridge Building Capital says Edge Aggregates founder Anthony Minshew rapidly established the corporate as a high-quality, dependable mixture provider to the Raleigh concrete market. 

“We’re thrilled to accomplice with Anthony Minshew in creating one of many preeminent mixture suppliers within the Carolinas,” says Case Rentch, managing accomplice and co-founder of Blue Ridge Building Capital. “Each [Matthews Sand & Gravel] and Edge have been family-owned companies that individually have been nice firms, however collectively create a Raleigh market chief with uniquely enticing working and monetary attributes.”

Minshew, who will lead Matthews-Edge, additionally weighed in on the deal.

“These high-quality companies are an ideal match collectively, and our prospects are thrilled with the added manufacturing and repair functionality,” he says.