Cordatus Capital Announces Partnership With Red Dot Buildings
DALLAS, March 6, 2025 /PRNewswire/ -- Cordatus Capital ("Cordatus") is pleased to announce a majority investment in Red Dot Buildings ("Red Dot" or the "Company"), a leading full-service, value-add manufacturer of complex metal building systems. Red Dot designs, fabricates, and erects pre-engineered metal buildings across the southern United States. Founded by the Bush family in 1963, Red Dot is now led by its CEO, Ted Bush, who represents the third generation of family leadership.
Cordatus is excited to partner with Ted Bush and the entire Red Dot team in a joint effort to boost production capacity, expand product offerings, and pursue geographic expansion. Ted Bush will continue leading Red Dot in his current position as CEO, board member, and shareholder.
Ted Bush commented, "Having the opportunity to own and lead Red Dot for 60+ years has been a true honor for the Bush family. I am confident that Red Dot has found the perfect partner in Cordatus and that the Company is positioned to dramatically increase its market share and geographical footprint over the next several years. The collective Red Dot-Cordatus team will continue the organization's focus on embracing highly complex projects and offering exceptional customer service through superior technical support and attention to detail. A major part of the Company's DNA is to earn a customer's trust by serving with excellence, all while offering opportunities for our employees to develop and prosper. I'm certain that the high level of service will continue under Cordatus ownership. We look forward to a very bright future with Cordatus as our partner."
"We are thrilled to partner with Red Dot," said Kevin Lippincott, Partner at Cordatus. "Their vision for the future of metal building systems and commitment to innovation, design excellence, and customer satisfaction sets them apart from the rest of the industry. As we have engaged with the Company, it has become apparent that at the heart of Red Dot's success is a team of exceptionally talented executives, each bringing years of experience and a shared commitment to excellence. Red Dot's customer-centric approach and unwavering dedication to quality have uniquely positioned the Company to deliver innovative solutions in the metal building sector."
Foley & Lardner LLP served as legal advisor to Cordatus. SDR Ventures served as financial advisor to Red Dot and Berg Hill Greenleaf Ruscitti, LLP served as legal advisor to Red Dot.
About Red Dot Buildings
Founded by the Bush family in 1963 and based in Athens, TX, Red Dot is an industry-leading designer, manufacturer, and installer of complex metal building systems. Red Dot distinguishes itself within the industry by specializing in highly technical steel structures. Servicing customers across the southern United States, Red Dot operates in end markets including Sports and Athletics, Commercial, Government, Worship, and Education. Red Dot continues to expand its capabilities through investment in cutting-edge manufacturing equipment, best-in-class design and detailing technology, and innovative incentive offerings for Red Dot team members.
About Cordatus Capital
Founded in 2012, Cordatus Capital is a private investment firm based in Dallas, Texas. Cordatus is a flexible capital provider focused on – but not limited to – control equity investments in lower-middle market companies. Cordatus typically invests alongside great management teams in cash flowing businesses with $25-$200 million of revenue and has invested across various industries. Currently, Cordatus is specifically targeting add-on opportunities in food co-packing, construction materials, packaged gas distribution, metal building manufacturers, and metal component suppliers. For further information visit https://cordatuscapital.com/.
View original content to download multimedia:https://www.prnewswire.com/news-releases/cordatus-capital-announces-partnership-with-red-dot-buildings-302394833.html
SOURCE Cordatus Capital