A financeable, long-life, low-cost aggregate asset in the right place at the right time — for the right investor.

Magalies Quarry Company converts a permitted, long-life hard-rock resource into durable, inflation-linked cash flows inside a transport-protected market that is structurally shifting toward the company’s core product. The base case delivers 32% EBITDA margins at maturity, a 2.21x equity MOIC and a 23.5% equity IRR over five years, with a clear path to deleveraging and a value-accretive exit.

The investment case is presented honestly. Unlevered returns sit close to the cost of capital; the equity return depends on prudent leverage and a market-standard exit multiple; and a sustained downside would impair equity and require a standby equity cure. These are precisely the characteristics that make the opportunity a good fit for patient, development-minded capital, and a poor fit for investors needing high unlevered returns or a quick exit.