Merchant Banking

Through its merchant banking group, FMI invests in middle-market operating companies providing products or services to the construction industry. Our direct investment interest is focused on companies where FMI can add value to its investment through its assistance in business planning and strategy development, acquisition programming, and operational enhancements.

Attractive investment opportunities would generally have the following characteristics:

• Industry leader in its sector
• Established and defensible market position
• Above average growth potential
• Best-in-class management team
• Scalable business models
• Trailing EBITDA of at least $5 million

Industry Themes

FMI focuses on sectors where the following opportunities exist:

• Unique products or services
• Market fragmentation
• Channel structure changes
• Segment consolidation
• Product or service bundling
• Deferred infrastructure maintenance
• Outsourcing