Situation

Corliss Resources is one of the Pacific Northwest’s largest privately held providers of aggregates, ready-mix and precast concrete, as well as topsoil from five locations in the south Puget Sound. After five generations of ownership, the family desired to consider alternatives to exit the business in order to focus on land and real estate development.

ZS Role

The family hired Zachary Scott as the exclusive financial advisor to sell 100% of Corliss Resources.

 

Results

After a competitive process that provided the family with a range of offers, Corliss was acquired by Lehigh Hanson, a subsidiary of German-based Heidelberg Cement. Corliss further extends Lehigh’s presence in the broader Puget Sound, where Lehigh intends to carry on the outstanding reputation Corliss has established in the market.