Carter-Waters, LLC
Fund: V
Investment Date: May 2014
Exit Date: June 2017
Headquarters: Kansas City, MO

Carter-Waters LLC (“Carter-Waters” or the “Company”), headquartered in Kansas City, MO, is a distributor of construction materials and equipment utilized in concrete construction applications to commercial, highway and residential contractors. The Company operates 19 locations in Missouri, Kansas, Illinois, Indiana, Ohio and Kentucky. Carter-Waters also maintains an extensive rental inventory of concrete forming and shoring products and operates several custom rebar facilities.

Merit invested subordinated debt and equity, in partnership with an independent sponsor, in support of the acquisition.