Building an Empire of Concrete and Opportunity
SunTx founding partner Ned Fleming III described the ready-mix concrete sector in the Sunbelt as “highly fragmented,” dominated by smaller family-run businesses often facing generational change. “We believe this will benefit Suncrete as we execute our acquisition strategy and expand our footprint,” he said.
Suncrete CEO Randall Edgar emphasized that ready-mix concrete is “a logistics business” requiring precise coordination—mixing raw materials en route and delivering them “on time and on spec.” Edgar said the company’s entry into public markets will fuel “profitable growth to enhance shareholder value.”
SPAC Path to Public Markets
Haymaker Acquisition Corp. 4, a blank-check company, was formed to identify high-potential private firms ready to go public. Vice President Andrew Heyer said, “We see a tremendous market opportunity in the ready-mix concrete industry and look forward to working with Suncrete and SunTx to achieve our shared goals.”
The merger is expected to close in the first quarter of 2026, laying the foundation for one of the year’s most anticipated SPAC listings. If successful, Suncrete’s NYSE debut could mark a defining moment for both the construction materials industry and private equity-backed infrastructure ventures.
