Angel Brothers’ Sale of Construction and Asphalt Businesses

Baker Botts advised Angel Brothers Holdings Corp. on the deal.

Angel Brothers Holdings Corp. simultaneously signed and closed a definitive agreement with Texas Materials Group, Inc., a wholly owned subsidiary of CRH Americas Materials, Inc. (NYSE: CRH), under which CRH acquired Century Asphalt, a Baytown, Texas-based, leading producer of asphalt, liquid asphalt, recycled concrete aggregates, sand and gravel, and all assets relating to Angel Brothers’ business of asphalt paving, concrete paving and construction services, in an all-cash transaction, subject to certain closing date adjustments as set forth in the definitive purchase agreement.

Angel Brothers Holdings Corp. operates as a holding company. The Company, through its subsidiaries, specializes in all types of underground utilities, concrete and asphalt paving, and earthwork. 

The Baker Botts team included: Tim Taylor (Partner, Houston, Picture); Carina Antweil (Partner, Houston); Parker Hinman (Associate, Houston); Bryson Manning (Associate, Houston); William Cozzens (Associate, Houston); Jon Lobb (Partner, Houston); Jordan Hahn (Senior Associate, Dallas); Thomas Fina (Partner, Washington, D.C.); Michael Bodosky (Special Counsel, Washington, D.C.); Nathan Chubb (Senior Associate, Washington, D.C.); Mark Bodron (Partner, Houston); Gabriela Alvarez (Associate, Houston); Matthew Larsen (Partner, Dallas); Renn Neilson (Partner, Houston); Ben Geslison (Senior Associate, Houston); Michelle Eber (Special Counsel, Houston); Lindsay Cutie (Senior Associate, Houston); Connie Simmons Taylor (Partner, Houston); Emily Quiros (Associate, Houston); Paulina Williams (Partner, Austin); Greta Carlson (Associate, Houston); Bill Kroger (Partner, Houston); Louie Layrisson (Partner, Houston).

Involved fees earner: Gabriela Alvarez – Baker Botts LLP; Carina Antweil – Baker Botts LLP; Michael Bodosky – Baker Botts LLP; Mark Bodron – Baker Botts LLP; Greta Carlson – Baker Botts LLP; Nathan Chubb – Baker Botts LLP; William Cozzens – Baker Botts LLP; Thomas Fina – Baker Botts LLP; Ben Geslison – Baker Botts LLP; Jordan Hahn – Baker Botts LLP; Parker Hinman – Baker Botts LLP; Michelle Jacobson Eber – Baker Botts LLP; Bill Kroger – Baker Botts LLP; Matthew Larsen – Baker Botts LLP; Louis Layrisson – Baker Botts LLP; Jon Lobb – Baker Botts LLP; Bryson Manning – Baker Botts LLP; Renn Neilson – Baker Botts LLP; Emily Quiros – Baker Botts LLP; Consuella Simmons Taylor – Baker Botts LLP; Timothy Taylor – Baker Botts LLP; Lindsay Volpenhein Cutié – Baker Botts LLP; Paulina Williams – Baker Botts LLP;

Law Firms: Baker Botts LLP;

Clients: Angel Brothers Holdings Corp.;

Author: Martina Bellini