Peter Terry’s crazy day on the Fox Aggregates and Stellex Capital deal rollercoaster

Our Rainmakers Substack this week sees us talking to a couple of leading advisers, Peter Terry and Matt Bryden-Smith from Grant Thornton, who’ve been the eye of the storms raging through the regional market in the last few years.

We cover the Applied Nutrition story, where they played a key part, the departure of Deloitte from the regions, and Terry’s decision to stick rather than twist when new a opportunity popped up.

But first, there’s the story of their latest big deal, the sale of aggregates business Fox on the same day that it made three acquisitions.

Fox, under its fourth generation of family leadership and has been in operation since 1932, was acquired by American private equity firm, Stellex Capital Management, while also acquiring three businesses, including J A Jackson, a quarry operator and producer of recycled aggregates and ready mixed concrete.

Terry, who looks refreshed and content, has also just been promoted to be national head of private equity at Grant Thornton, alongside his role as head of corporate finance for the North.

A link to the piece is here.

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