Target: Meadow Valley Corp.
Price: $61.3 million
Sponsor: Insight Equity
Seller: Shareholders
Financial Adviser: Sponsor; Seller: Alvarez & Marsal Securities
Legal Adviser: Sponsor: Hunton & Williams LLP; Seller: DLA Piper USA LLP
Insight Equity is carving out a niche for itself as one of the only mid-market buyout shops comfortable investing in what could be a very lucrative infrastructure sector in the southwestern United States.
