NEW YORK, Nov. 15, 2016 /PRNewswire/ -- Anchorage Capital Group and Littlejohn & Co., LLC, in partnership with other shareholders, today announced that they have completed the sale of Contech Engineered Solutions, a provider of infrastructure, commercial and residential site solutions, to QUIKRETE Holdings, Inc. Contech manufactures and distributes products in three complementary segments that provide engineered site solutions for stormwater management, bridge structure, and drainage applications. Headquartered in West Chester, Ohio, Contech has an industry leading, engineering-centric sales force, and 60 facilities strategically located across North America. Its footprint spans every major U.S. city and all 50 states. Contech's investor group successfully recapitalized Contech in 2012 and partnered with management to grow the business through both organic initiatives and multiple acquisitions that have enhanced the company's product offerings. Mike Rafi, Chief Executive Officer of Contech, said, "Every Contech employee has contributed to the success of the company. We have built a business with truly differentiated products, customer service and technical expertise and we are excited to partner with QUIKRETE to continue to enhance Contech's competitive advantage. The Anchorage and Littlejohn teams have been invaluable in supporting Contech during this phase of our growth and we are confident of the Company's bright future under QUIKRETE ownership." Tony Miranda, Managing Director of Littlejohn, said, "The Contech management team is world-class and it has been a pleasure to partner with them in solidifying Contech's position as the clear leader in engineered site solutions. During our partnership, management successfully restructured the business' go-to-market strategy, drove operating efficiency across the organization, and integrated acquisitions. Contech deserves its hard-earned reputation as a market leader." Dan Allen, President at Anchorage Capital Group, stated: "Since we first invested in Contech in 2011, the company has achieved substantial earnings growth by improving operations, pursuing select acquisitions, and bringing on new leadership. Combining with QUIKRETE is an excellent outcome for the company and its stakeholders." Contech was advised on the transaction by RBC Capital Markets, LLC and Kirkland & Ellis LLP.