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Hugh Rice

Senior Chairman

Hugh Rice

Industry

  • Building, Industrial, & Civil Contractors and Engineers

Specialization

  • Mergers & Acquisitions
  • Ownership Transition
  • Valuation
  • Strategy Development

Education

  • MBA, University of North Carolina
  • BS in Electrical Engineering, Georgia Tech University

Hugh joined FMI in 1972 and opened the Denver office in 1979. He created the firm’s Mergers & Acquisitions Group, now FMI Capital Advisors, Inc., which has completed more than 700 construction-industry acquisitions since inception. He served as chairman of the firm until 2011. Hugh’s major areas of expertise include ownership transition planning, merger/acquisition advice, and strategy development.

Hugh’s roles at FMI have included consultant, lecturer, manager and mentor. He is a trusted advisor and board member of several major construction industry firms.

Hugh holds a bachelor of science degree in electrical engineering from the Georgia Institute of Technology and a master of business administration degree from the University of North Carolina at Chapel Hill. He has been active in many organizations over the years, including the Institute of Management Consultants, Construction Financial Management Association, Associated General Contractors of America, The Moles (past Trustee) and The Beavers (past Director). He was awarded the Golden Beaver Award for Service and Supply in 2005 and elected to The National Academy of Construction in 2007 and is currently the president. In 2013 Hugh was given the James M. Maloney Service & Supply Lifetime Achievement Award from the Associated General Contractors of America. He is a past member of the Executive Advisory Board for the Daniels School of Business at The University of Denver and recently retired from the Board of Directors of Craig Hospital. Hugh is on the Board of the Seabee Memorial Scholarship Association, a trustee of the National Western Stock Show Association, and an advisor to Bridges to Prosperity.

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