DALLAS, July 21, 2015 /PRNewswire/ -- Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Architectural Granite & Marble, Inc. (AG&M or the Company) on its majority recapitalization with Trive Capital (Trive).
Founded in 1992 and headquartered in Austin, Texas, AG&M is a leading importer and distributor of natural stone and related products used in residential and commercial construction.
Through its distribution network of over 400 fabricators, including its membership-based Artisan Group, AG&M sells a wide range of granite, marble, quartz and soapstone sourced from around the world. AG&M's comprehensive product selection consists of more than 200 stock keeping units of different varieties of stone slabs, tile, sinks, faucets and commercial cut-to-size stone.
"Deloitte Corporate Finance's knowledge and experience added value throughout the process. Their insight and experience with middle market companies helped us find the right partner who can help us expand our reach from coast to coast and continue to provide best-in-class service to our customers," said Jack Seiders, founder of AG&M.
"We share AG&M's excitement – Trive's experience in helping businesses accelerate growth and their experience in building products creates a great opportunity for the company to take advantage of the significant prospects available in the market," said Tom Spivey, managing director and southwest region leader, Deloitte Corporate Finance LLC.
Architectural Granite & Marble, LTD
Since 1992, AG&M has been a worldwide leader in granite, marble, tile and soapstone supply. The Company has five state-of-the-art sales centers and slab yards nationwide and carries more than 120 colors of natural stone in slabs sourced from Brazil, Spain, India, China, Europe and beyond. Its corporate headquarters is in Austin, Texas. For more information, visit www.agmgranite.com.
About Trive Capital
Trive Capital is a Dallas, Texas-based private equity firm focused on making control private equity investments in companies based in the United States and Canada. Trive is currently investing from a $300 million institutional fund raised in 2013. Trive utilizes proven operational best practices and identifies actionable opportunities that allow businesses, shareholders and employees to realize their full long-term potential. For more information, visit www.trivecapital.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
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SOURCE Deloitte Corporate Finance LLC
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