FMI Capital Advisors is pleased to announce the merger of Carolina Environmental Contracting, Inc. (CEC), a construction firm specializing in stormwater solutions, with RES, the nation’s largest environmental services operating company providing ecological restoration and water resource solutions to the public and private sector. FMI Capital Advisors served as the exclusive financial…
FMI Capital Advisors is pleased to announce the transfer of ownership of Hunter-Davisson, Inc. (“Hunter-Davisson”) to company employees via the Hunter-Davisson, Inc. Employee Stock Ownership Plan (“ESOP”). On July 31, 2020, Hunter-Davisson became 100% employee-owned. FMI Capital Advisors was the exclusive financial advisor to Hunter-Davisson for this transaction. Jeff…
FMI Capital Advisors is pleased to announce the transfer of ownership of MultiTech, Ltd., a Canadian mechanical and electrical contractor, from ENGIE North America to an affiliate of the Beswick Corporation, part of a group of companies owned by David and Kevin Beswick, investors in the greater Toronto area in Canada. ENGIE decided to sell MultiTech, Ltd., which it acquired 10 years ago, to a…
FMI Capital Advisors is pleased to announce the merger of Covenant Testing Technologies with Stuart Pressure Control to form the premier provider of well flow and sand management and pressure control solutions in the Permian Basin and other top U.S. oil and gas-producing areas. FMI Capital Advisors served as the exclusive financial advisor to Covenant for this transaction. The transaction,…
Raleigh, NC – May 12th, 2020 FMI Capital Advisors acted as co-financial advisor to SitelogIQ (the Company), a portfolio company of funds managed by Oaktree Capital Management, L.P., in connection with its sale to funds managed by AEA Investors LP. The transaction closed on April 8, 2020. SitelogIQ is a leading independent energy services and facility solutions provider to the municipal,…
Raleigh, NC – FMI Capital Advisors is pleased to announce the acquisition of the residential HVAC, plumbing and related assets of Petcosky & Sons Plumbing, Heating & A/C, Inc. (“Petcosky”) by Astar Heating & Air, LLC (“Astar”). This is Astar’s second acquisition since partnering with Dubin Clark. FMI Capital Advisors served as the exclusive…
Denver, CO - FMI Capital Advisors, an investment banking firm dedicated to the built environment, announced the sale of a majority stake of City Light & Power, Inc. to Hunt Companies and its majority owned affiliate, Amber Infrastructure Group. FMI Capital Advisors served as the exclusive financial advisor to City Light & Power for this transaction. City Light & Power, Inc.…
RALEIGH, N.C. – FMI Capital Advisors, an investment banking firm dedicated to construction, engineering and other aspects of the built environment, today announced the sale of R&B Company to Core & Main. Seller and buyer are distributors of underground utility products. FMI Capital Advisors served as the exclusive financial advisor to R&B Company for the transaction which…
FMI Capital Advisors is pleased to announce the sale of Kovach Building Enclosures (“Kovach”). FMI Capital Advisors served as the exclusive financial advisor to Kovach for this transaction. Kovach is one of the nation’s largest integrated designers, manufacturers, and installers of the high-quality panel and glazing systems for commercial buildings in the higher education,…
Raleigh, NC - January 3, 2020 FMI Capital Advisors is pleased to announce the acquisition of JSL Materials, Inc. (parent company to John S. Lane & Son and JSL Asphalt) by Peckham Industries, Inc. Located in Westfield, Massachusetts, JSL Materials is one of the leading aggregate producers in New England. JSL Materials’ operations, leadership, and more than 100 dedicated employees will…
