DENVER, CO (April 3, 2023) – BaseRock Partners is pleased to announce the sale of Tezak Heavy Equipment (“Tezak”), one of the largest family-owned and operated aggregates and construction companies in Colorado, to Holcim US (“Holcim”). BaseRock Partners served as the exclusive financial advisor to Tezak for this transaction.
Established in 1989, Tezak is a leading construction materials and specialty civil construction company headquartered in Canon City, Colorado. The company operates four quarries in the Colorado Springs market, including THE Aggregate Source, Table Mountain Quarry, Byzantine Quarry, and Canon Dolomite Quarry. The company’s construction operations are focused on water resource / utility projects, as well as specialty civil projects for a wide variety of public and private clients.
“We are grateful for the guidance and support provided by BaseRock throughout the sale process,” said Danny Tezak, Tezak’s president. “BaseRock’s expertise and experience helped our team navigate the complex issues surrounding the sale of multiple entities in a single transaction, and we could not have achieved such a successful outcome without their assistance. We are excited about the future and believe this transition will allow for additional growth, while Holcim continues to adhere to the principles of quality, integrity, trust and collaboration that the Tezak name has become synonymous with over the last 34 years.”
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About BaseRock Partners
BaseRock Partners is an investment bank built to serve the engineering and construction industry. BaseRock advises clients using a team-oriented approach that combines decades of industry expertise, deep industry relationships, and unique transaction capabilities specifically designed to meet the needs of engineering and construction companies, including those operating in the construction materials market.
BaseRock Partners Contact
Scott Duncan
Partner
sduncan@baserockpartners.com
720.273.2781
