MVP Granite Countertops Joins Construction Resources
Deal News | Mar 19, 2025 | Globenewswire
In a strategic acquisition, Construction Resources Company, LLC has successfully acquired MVP Granite Countertops, a renowned provider of countertop fabrication and installation services catering to professional builders, interior designers, and remodelers in the Charleston, SC area. This business integration is set to enhance Construction Resources’ service offerings in Charleston, aligning with its growth strategy and expanding its capabilities in countertop fabrication and installation through MVP's established market presence. With the acquisition, MVP Granite Countertop's existing leadership team, led by President Jamey Nelson, will continue their roles, promising continuity and leveraging collaborative growth opportunities. Construction Resources, which is owned by The Home Depot since late 2023, positions itself further by adding MVP under its portfolio of design-oriented surfaces and products, aimed at serving the needs of professional contractors and designers focused on renovation and remodeling.
Sectors
- Construction
- Manufacturing
Geography
- United States – The article discusses companies operating primarily in the US markets, specifically in Charleston, SC and Atlanta, GA.
- Charleston, South Carolina – MVP Granite Countertops operates in the greater Charleston area, making the location significant for its services and market presence post-acquisition.
Industry
- Construction – The acquisition is within the construction sector, involving companies that provide building materials and design-oriented surfaces for residential and remodeling purposes.
- Manufacturing – MVP Granite Countertops is involved in the fabrication and installation of countertops, a subsegment of the manufacturing industry focused on custom surfaces.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| MVP Granite Countertops | Target Company | Company | A premier surfaces and countertop fabrication company serving the Charleston, SC area. |
| Construction Resources Company, LLC | Bidding Company | Company | A leading distributor of design-oriented surfaces and specialty products now owned by The Home Depot. |
| The Home Depot | Vendor/Selling Company | Company | The parent company of Construction Resources since December 2023. |
| Jamey Nelson | President at MVP Granite Countertops | Person | The President of MVP Granite Countertops who will remain with the company following the acquisition. |
| Mitch Hires | CEO of Construction Resources | Person | The current CEO of Construction Resources overseeing the integration of MVP Granite Countertops. |