Executive leadership at Haymaker Acquisition Corp. 4.
Board of directors at Haymaker Acquisition Corp. 4.
Research analysts covering Haymaker Acquisition Corp. 4.
Recent press releases and 8-K filings for HYAC.
Haymaker Acquisition Corp. 4 Announces Business Combination with Suncrete
HYAC
M&A
New Projects/Investments
Guidance Update
- Haymaker Acquisition Corp. 4 (Haymaker) entered into a business combination agreement with Concrete Partners Holding, LLC (Suncrete) on October 9, 2025, to form a pure-play ready-mix concrete platform.
- The proposed business combination implies a pro forma enterprise value of approximately $983.5 million, representing 7.6x the projected 2026E PF Adj. EBITDA of $130.0 million.
- Suncrete, which currently operates 50 plants and 335 mixer trucks, is pursuing an acquisition-led growth strategy with a significant M&A pipeline.
- The transaction includes $82.5 million in equity PIPE commitments, with proceeds intended to fund acquisitions expected to contribute approximately $49 million of Adj. EBITDA in 2025 and 2026.
- The combined entity forecasts a 2026E PF Adj. EBITDA of $130 million, comprising $72 million from the current platform, $47 million from targets under non-binding LOI, and $11 million from incremental acquisitions.
Dec 10, 2025, 6:17 PM
Haymaker Acquisition Corp. 4 announces Suncrete's acquisition of Schwarz Ready Mix
HYAC
M&A
New Projects/Investments
- On October 21, 2025, Concrete Partners Holding, LLC (d.b.a. Suncrete) completed the acquisition of substantially all of the assets of SRM, Inc. DBA Schwarz Ready Mix and SRM Leasing, LLC, and all equity interests of Schwarz Sand, LLC (collectively, "Schwarz").
- This acquisition significantly expands Suncrete's operations in the Oklahoma City metro area, adding 20 ready-mix plants and more than 100 mixer trucks, and integrating over 200 Schwarz employees.
- The acquisition is part of a broader business combination agreement entered into on October 9, 2025, between Haymaker Acquisition Corp. 4, Suncrete, Inc. (PubCo), and Concrete Partners Holding, LLC (Suncrete).
Oct 21, 2025, 9:01 PM
Haymaker Acquisition Corp. 4's Partner Suncrete Completes Oklahoma Acquisition
HYAC
M&A
New Projects/Investments
- Suncrete, a ready-mix concrete company engaged in a proposed business combination with Haymaker Acquisition Corp. 4 (NYSE: HYAC), has acquired substantially all assets of Schwarz Ready Mix and Schwarz Sand, LLC.
- This acquisition significantly expands Suncrete's operations into the Oklahoma City metro area.
- The transaction adds 20 ready-mix plants and more than 100 mixer trucks to Suncrete's operations, along with over 200 Schwarz employees.
Oct 21, 2025, 8:30 PM
Haymaker Acquisition Corp. 4 Announces Proposed Business Combination with Suncrete
HYAC
M&A
New Projects/Investments
Guidance Update
- Haymaker Acquisition Corp. 4 (HYAC) announced a proposed business combination with Suncrete on October 9, 2025, with the combined entity, Suncrete, Inc., expected to list on the New York Stock Exchange in the first quarter of 2026.
- The transaction implies a total enterprise value of approximately $972.6 million for the combined company.
- The business combination includes $82.5 million in common stock private placement (PIPE) commitments from institutional investors, intended to fund future acquisitions.
- Suncrete, a ready-mix concrete logistics and distribution platform, operates in Oklahoma and Arkansas with plans to expand across the U.S. Sunbelt region, projecting $130.0 million in 2026E PF Adjusted EBITDA.
Oct 10, 2025, 12:20 PM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more