Denver, CO – FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Unity International Group (“Unity”) by ENGIE North America Inc. (“ENGIE”). FMI Capital Advisors acted as the exclusive financial advisor to Unity for this transaction. Orrick, Herrington & Sutcliffe LLP (“Orrick”) acted as legal counsel to Unity.
Unity specializes in electrical system construction; data and telecommunications systems construction; management of mission-critical power infrastructure; building-wide maintenance of electrical, mechanical, and energy management equipment; and enterprise-scale IT infrastructure support and services. Unity is headquartered in Flushing, near New York City and has offices in East Rutherford, New Jersey and Naples, Florida. Unity was founded in 1947 and has 770 employees. For additional information, visit Unity’s website at www.unityig.com.
Peter Striano, CEO of Unity, commented, “FMI and Orrick, provided us with invaluable guidance throughout the transaction. From evaluating the opportunity, negotiating our offer, and guiding the transaction to a successful closing. With Joe Tranchina, COO and President of Unity, leading our organization, I believe that we could not have found a better firm to partner with than ENGIE.”
This acquisition provides ENGIE North America a broad platform to deliver electrical construction, maintenance, and IT services that complement ENGIE’s other energy supply, energy optimization, and building modernization offerings to commercial, industrial, and public-sector customers in the United States.
ENGIE, based in Courbevoie, France, engages in power, natural gas, and energy services businesses. ENGIE engages in the generation and sale of power through nuclear, thermal, renewable energy sources, and seawater desalination activities. ENGIE also offers engineering services in the areas of energy, hydraulics, and infrastructure. The Company provides energy sales and services for buildings and industry, cities and regions, and major infrastructures, as well as to individual and professional customers. For more information, visit ENGIE’s website at www.engie.com.
About FMI Capital Advisors:
FMI Capital Advisors, a subsidiary of FMI Corporation, is the leading investment banking firm serving the construction industry. With over 700 completed M&A transactions in construction, our industry focus enables us to provide our clients with valuable insight and advice. Clients gain access to our unparalleled network of industry contacts and relationships, deep market knowledge and technical expertise, based on decades of experience.
FMI Capital Advisors Contact:
Ryan Foley, Managing Director
About FMI Corporation:
For over 60 years, FMI has been the leading management consulting and investment banking firm dedicated exclusively to engineering and construction, infrastructure and the built environment. FMI serves all sectors of the industry as a trusted advisor. More than six decades of context, connections and insights lead to transformational outcomes for clients and the industry. FMI helps you build your foundation for tomorrow and optimize your business for today. Industry Focus. Powerful Results.