Sperry Mitchell Advises Art Wilson Company on its Sale to ACG Materials/H.I.G Capital
New York, NY (August 6, 2015) – Art Wilson Company (“Art Wilson” or the “Company”) of Carson City, NV has been acquired by ACG Materials of Norman, OK, a portfolio company of H.I.G. Capital. Sperry, Mitchell & Company, Inc. initiated this transaction.
Art Wilson Company (www.awgypsum.com) mines, processes and markets anhydrite, gypsum and limestone products used in agricultural, industrial and commercial applications across Nevada, California, Washington, Oregon and Idaho. The Company owns and operates a quarry and downstream production facility in Carson City, Nevada with additional reserves under development nearby.
ACG Materials (www.acgmaterials.com), based in Norman, Oklahoma, mines, mills, processes and distributes minerals and aggregates including gypsum, anhydrite, limestone, sand, gravel and downstream food, pharmaceutical and plaster products across a diverse set of end markets including building products, energy, industrials, infrastructure, agriculture, food and pharmaceuticals. The Company operates out of 20 locations throughout Oklahoma, Texas, Kansas, Nevada, Washington and British Columbia. ACG Materials was founded as Harrison Gypsum, LLC in 1955.
H.I.G. Capital (www.higcapital.com) is a leading global private equity and alternative assets investment firm with $19 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 80 companies with combined sales in excess of $30 billion.
Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 million to $450