Arcosa completes $1.2 billion Stavola acquisition and steel components sale
Arcosa completed its acquisition of Stavola's construction materials business on October 1, 2024, for approximately $1.2 billion in cash, subject to customary adjustments. The deal was funded with $600 million of 6.875% senior notes and a $700 million term loan, and Arcosa plans to update its 2024 revenue and Adjusted EBITDA guidance with its third-quarter earnings, so shareholders will weigh the added debt against Stavola's reported last-twelve-month revenue of $283 million and Adjusted EBITDA of $100 million.
Key points
- Purchase price of approximately $1.2 billion in cash, closed October 1, 2024
- Stavola LTM to June 30, 2024: revenue of $283 million and Adjusted EBITDA of $100 million (35% margin)
- Funded by $600 million 6.875% senior notes due 2032 and $700 million Term Loan B due 2031
- Full-year 2024 revenue and Adjusted EBITDA guidance to be updated with third-quarter results
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 01, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.