This
announcement appears as a matter of record
only |
has sold
to

We initiated
the transaction, acted as financial advisor
to, and assisted with the negotiations as the representative
of Sterling Construction Company, Inc.
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About Bostwick-Braun Company ---The
Bostwick-Braun Company is a wholesale hardware distributor,
supplying both retail and commercial/industrial customers
throughout the Midwest region. Bostwick is the oldest and
largest full service general-line distributors in the country.
The Bostwick- Braun Company was established in 1855 and is
headquartered in Toledo, Ohio. The company’s reputation
extends nationwide because it strives to give the best service
the industry has to offer. Bostwick Braun employee owners
are committed to excellence, innovation, and professionalism.
The company has three locations with its headquarters location
in Toledo as well as a 280,000 square foot distribution center
in Ashley, Indiana and a 20,000 square foot branch office
and distribution center in Lorain, Ohio. For more information
about Bostwick-Braun, visit www.bostwick-braun.com
About Steel City Products---The
Company is a leading wholesale distributor of automotive, lawn & garden
and non-food pet care products primarily to supermarkets as
well as drug stores, hardware stores and other general merchandise
retailers. Steel City Products has established a dominant position
in the automotive “soft” parts category. The Company’s
product line of more than 7000 SKUs from 250 manufactures includes
functional and decorative care and truck accessories, car care
products, chemicals and car repair and maintenance items. Recent
additions to the product line include non-food pet supplies
and lawn and garden chemicals equipment and supplies. Steel
City has its main warehouse facility of 67,000 square feet
in McKeesport, Pennsylvania and a warehouse annex located in
Glassport, Pennsylvania.
About Sterling Construction Company (NASDAQ
GS: STRL)---Sterling is a leading civil construction company
that specializes in the building and reconstruction of transportation
and water infrastructure in large and growing markets in Texas.
The Company’s transportation infrastructure projects
include highways, road, bridges and light rail. The Company’s
infrastructure water projects include water, wastewater and
storm drainage systems. Sterling provides general contracting
services primarily to public sector clients utilizing its own
employees and equipment for activities including excavating,
paving, pipe installation and concrete placement. The Company
was founded in 1955. For more information about Sterling Construction
Company, visit www.sterlingconstructionco.com
About FOCUS:
FOCUS, founded in 1982 in Washington, DC,
provides a range of investment banking services tailored to
the needs of middle market businesses. Today the firm is national
in scope, serving clients from offices in major cities across
the United States. FOCUS specializes in serving businesses
with revenue or transaction sizes between $5-300 million, serving
entrepreneurs, corporate owners, and various types of investors.
FOCUS has over 20 investment banking professionals in its four
offices in Atlanta, Chicago, San Francisco, and Washington,
DC. To find out more about the specialized services of FOCUS, visit www.focusbankers.com. |