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News Release 972.942.6500 ARCOSA FOR IMMEDIATE RELEASE Arcosa , Inc. Announces Agreement to Acquire StonePoint Materials - $ 375 Million Acquisition of Top 25 Aggregates Company in the US Expands Footprint in Texas and Louisiana and Provides Entry into New Markets in Tennessee , Kentucky , Pennsylvania , and West Virginia Adds Pipeline of Organic Growth Opportunities and Bolt - on Acquisitions Transaction to be Funded with Cash and Available Revolver Capacity Conference Call Scheduled for 5 p.m. Eastern Time Today DALLAS , Texas - ARCOSA , Inc. – March 22 , 2021 : - Arcosa , Inc. ( NYSE : ACA ) ( " Arcosa " or the " Company " ) , a provider of infrastructure - related products and solutions , today announced that it has reached a definitive agreement to acquire StonePoint Ultimate Holding , LLC and affiliated entities ( " StonePoint " ) from an affiliate of Sun Capital Partners , Inc. for $ 375 million in cash . StonePoint is one of the 25 largest aggregates companies in the United States , with approximately 9 million tons of annual production across 20 locations , and more than 40 years of reserve life . StonePoint operates in three regions : Gulf Coast ( Texas , Louisiana , Mississippi ) , Tennessee / Kentucky , and Pennsylvania / West Virginia . Approximately 80 % of StonePoint's EBITDA is generated from aggregates , while the remaining 20 % is earned from asphalt and other services . The acquisition is expected to be accretive to Arcosa's earnings and margins in 2021 . Financial Overview StonePoint is projected to generate revenues of $ 117 million and Adjusted EBITDA of $ 28 million for the twelve months ending March 31 , 2021 , a period that has been impacted by COVID - related construction delays in several key markets . StonePoint is expected to earn at least $ 30 million of Adjusted EBITDA in 2021 and return to 2019's pre- pandemic level of $ 33 million by 2022 , through operating synergies and construction market recovery in several of its geographies . Additionally , Arcosa expects a net present value of approximately $ 15 million of tax benefits from the transaction , which the Company expects to realize over the next 4-5 years . arcosa.com