Former Astec CEO Ben Brock buys JBK Enterprises

Former Astec Industries CEO and president Ben Brock has bought asphalt plant component business JBK Enterprises.
Asphalt Plants, Equipment & Applications / July 23, 2020
By Mike Woof
Former Astec CEO Ben Brock purchased asphalt plant component business JBK Enterprises and has renamed the firm BROCK

Brock is now the president and CEO of the company, which has been renamed BROCK following the acquisition. FourBridges Capital Advisors acted as exclusive financial advisor to Brock, while Baker Donelson provided legal counsel for the deal.

Previously owned by Lori Stafford, JBK was founded in 1990 as a manufacturer and after-market parts supplier for asphalt plant owners. JBK’s office and manufacturing facility are located in Georgetown, Tennessee.

Brock served in various roles with Astec from 1993 until 2019, when he left the company after serving as president and CEO for over five years. “I’m very excited to be back in the asphalt industry with this acquisition. I’m also excited about our team —successful industry veterans who have all worked together over the years,” Brock said.