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January 24, 2026
Kirkland Advises Arcosa on Acquiring Stavola for $1.2 Billion
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- Arcosa, Inc., a Dallas-based company, has entered into a definitive agreement to acquire Stavola, a construction materials firm serving the New York-New Jersey metro area, for $1.2 billion in cash, subject to customary adjustments
- The transaction was announced on August 1, 2024, and is expected to close in the fourth quarter of 2024
- Kirkland & Ellis advised Arcosa, with a team led by several partners across multiple practice areas.
Kirkland & Ellis advised Dallas-based Arcosa, Inc. (NYSE: ACA) on a definitive agreement to acquire Stavola for $1.2 billion in cash, subject to customary adjustments. Founded in 1948, Stavola is an aggregates-led and vertically integrated construction materials company primarily serving the New York-New Jersey metro area. The transaction, announced on August 1, 2024, is expected to close during Q4 2024. Read Arcosa’s press release The Kirkland team was led by corporate partners Kevin Crews and Jennifer Gasser; and includes environmental transactions partner Jonathan Kidwell; tax partner David Wheat; labor & employment partner Christie Alcala; real estate partner Joshua Faulkner; antitrust and competition partners Michael Thorpe and Elyse Dorsey; capital markets partners Jennifer Wu and leuan List; and technology & IP transactions partner Dan Lewis.
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