Recent Transactions



Integrity
Experience
Effectiveness


Proven Results:
FMI has been representing buyers and sellers of construction firms for more than 25 years, successfully closing many transactions during that period.

Direct Industry Knowledge: FMI's professionals have years of experience working with construction industry firms. We have extensive contacts with public and private companies in the industry, as well as a proprietary database of prospective buyers and investors. Our direct industry knowledge is not a sideline — it's our only line.

Experience: In addition to mergers and acquisitions, FMI provides financial advisory and capital placement services. Whether you are interested in learning what your company is worth, assessing the feasibility of a sale, or simply learning about your alternatives, FMI's professionals can help you evaluate your exit options. Our professionals have the industry perspective and specialized expertise to help clients maximize the value and attractiveness of their companies.


Recent Transactions
* Represented by FMI

KRG Capital Partners, LLC*
Denver, Colorado

has completed the
recapitalization of

East Coast Fire Protection, Inc.
Richmond, Virginia


Williams Industrial Services Group
*
(comprised of Williams
Plant Services LLC,
Williams Specialty Services LLC,
and Williams Industrial Services LLC)
Stone Mountain, Georgia

has been acquired by

Global Power
Equipment Group Inc.

Tulsa, Oklahoma


Tierra Group LLC*
Durango, Colorado

has purchased an interest in

New Town Builders
Highlands Ranch, Colorado


L.B. Foster Company
*
Pittsburgh, Pennsylvania

has sold selected assets and the business of its Geotech Division to

The Reinforced Earth Company (RECo)
Vienna, Virginia
(an affiliate of the Freyssinet Group)


The assets of
J.W. Conner & Sons, Inc.
*
Tampa, Florida
and
Delta Asphalt Paving Company*
Tampa, Florida

have been acquired by

APAC-Southeast, Inc.
Atlanta, Georgia
(a subsidiary of Ashland Inc.)


The assets of
Sherman Pipe
*
Birmingham, Alabama
(a subsidiary of
Lehigh Cement Company)

have been acquired by

Hanson Building
Materials America, Inc.

Dallas, Texas
(a subsidiary of Hanson PLC)

FMI served as an advisor to
Lehigh Cement in this transaction.


Ragnar Benson, Inc.*
Chicago, Illinois, division


has been acquired by

The William Charles
Construction Group

Rockford, Illinois
(a diversified construction company)

The U.S. operating assets of
The Austin Company
*
Cleveland, Ohio

has been acquired by

Kajima USA
New York City, New York


Pinnacle Electronic Systems, Inc.*
West Chester, Pennsylvania
(an affiliate of Hatzel & Buehler, Inc.)

has been acquired by

Stanley Security Solutions, Inc.
Indianapolis, Indiana

The stock of
Cherry Hill Construction, Inc.
*
Jessup, Maryland

has been acquired by

Perini Corporation
Framingham, Massachusetts


SI Equipment Services, Inc.*
Concord, California
(a subsidiary of
Swinteron Incorporated)

has been acquired by

Audax Private Equity
Boston, Massachusetts
(through its portfolio company
Coast Crane Company
Seattle, Washington

The operating assets of
Sprehe Interior Construction, Inc.
*
Colorado Springs, Colorado

has been acquired by

Spacecon Specialty
Contractors LLC

Colorado Springs, Colorado
(a member of the IREX
Contracting Group)


Obayashi USA *
Los Angeles, California

has acquired the stock of

John S. Clark Company, Inc.
Mt. Airy, North Carolina


Fru-Con Construction Corp.
*
Ballwin, Missouri
(a subsidiary of Bilfinger
Berger AG
Mannheim, Germany)

sold selected assets of its
subsidiary H.E. Sargent, Inc. to

Sargent Corporation
Hampden, Maine


Pavement Recycling Systems, Inc.*
Riverside, California

has purchased the
operating assets of

United Soil Stabilization, Inc.
Vista, California


The stock of
Rudolph and Sletten, Inc.
*
Redwood City, California

has been acquired by

Perini Corporation
Framingham, Massachusetts


The Austin Company*
Cleveland, Ohio

has sold its Midwest and
Southwest divisions to

AECOM Technology Corporation
Los Angeles, California


Woods Network Services, Inc.
*
Farmington, Connecticut
(a subsidiary of NU Enterprises, Inc.)

has been acquired by

Netivity Solutions, Inc.
Waltham, Massachusetts
(a subsidiary of
Barn Systems, Inc.)


Cogenex Corporation*
Lowell, Massachusetts and
Energy Performance Services, Inc.*
King of Prussia, Pennsylvania
(subsidiaries of
Alliant Energy Corporation)

has been acquired by

Constellation Energy Projects
& Services Group, Inc.

Baltimore, Maryland
(a subsidiary of
Constellation Energy Group, Inc.)

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