JUPITER, Fla. (January 11, 2019) – Inlet Capital Group, LLC (“Inlet Capital”) is pleased to announce the sale of the ready mix concrete assets of AS Materials Ocala, LLC (“All Star”) to Smyrna Ready Mix, LLC (“SRM”). Inlet Capital served as the exclusive financial advisor to All Star on the transaction, which closed on December 21, 2018.

Headquartered in Ocala, Fla., All Star is a privately held provider of construction aggregates, ready mixed concrete and concrete block in north and central Florida. The sale represents the latest milestone in All Star’s longstanding strategic plan, which will transform the company into an aggregates pure play, enabling All Star to focus on its current quarries and pending mine development opportunities.

Smyrna Ready Mix is one of the largest privately held ready mix producers in the southeast, providing high-quality concrete to Florida, Georgia, Kentucky, Indiana, Ohio, Texas and Tennessee. Headquartered in Nashville, Tenn., SRM maintains a network of nearly 100 operating facilities, providing ready mix concrete, material hauling, concrete pumping and other services to customers throughout its served markets.

Inlet Capital provides strategy consulting and transaction advisory services exclusively to the construction materials industry. Founded and managed by industry insiders, the firm offers in-depth insight, practical solutions, and efficient execution to its clients throughout the United States.