Fundz

Rival Holdings, LLC acquires Laux Construction, LLC in strategic move

PRIVATEJun 25, 2024

Acquiring Company

Rival Companies

Acquired Company

Laux Construction

AthensMasonArtificial IntelligenceVenture CapitalConstructionBuilding MaintenanceBuilding MaterialCivil Engineering

Description

Rival Holdings, LLC has successfully completed the acquisition of Laux Construction, LLC. This strategic move demonstrates Rival's commitment to catalyzing innovations in the built ecosystem and reshaping the commercial construction industry.

Quick answer

Rival Companies is acquiring Laux Construction, announced June 25, 2024. Rival Companies is based in Athens, Georgia, United States.

How much did Rival Companies pay for Laux Construction?
The deal value was not disclosed.
What does Rival Companies do?
Rival Companies, LLC is an ownership entity led by Duane Bernt.
Where are Rival Companies and Laux Construction based?
Rival Companies is based in Athens, Georgia, United States. Laux Construction is based in Mason, Michigan, United States.
Who are the decision-makers at Rival Companies?
Fundz holds 1 contact at Rival Companies. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Rival Companies

Location

Athens, Georgia, United States

About

Rival Companies, LLC is an ownership entity led by Duane Bernt. It acquired Smart USA in a management buyout. The company focuses on long-term growth and innovation. It aims to support continuity and dedicated ownership for U.S. businesses.

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Frequently asked

Who acquired Laux Construction?

Laux Construction was acquired by Rival Companies, based in Athens. The deal was reported on June 25, 2024. Rival Companies, LLC is an ownership entity led by Duane Bernt. It acquired Smart USA in a management buyout. The company focuses on long-term growth and innovation. Rival Companies is privately held and operates in Artificial Intelligence.

When did Rival Companies acquire Laux Construction?

Rival Companies's acquisition of Laux Construction was reported on June 25, 2024. Rival Holdings, LLC has successfully completed the acquisition of Laux Construction, LLC. This strategic move demonstrates Rival's commitment to catalyzing innovations in the built ecosystem and reshaping the commercial construction industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Laux Construction do?

Located in Mason, Michigan, Laux Construction (Laux) is a leading general contractor that specializes in commercial construction. It is privately held, operating in Construction, and is based in Mason.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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