FMI Capital Advisors represented New England Utility Constructors Inc. (Neuco) on their sale to Centuri Construction Group, Inc. (Centuri). Neuco specializes in providing construction services to gas and electric distribution utilities, municipal utilities, and master meter operators throughout New England. Since its establishment in 1972, Neuco has grown to include several locations in the…
FMI Capital Advisors is pleased to announce it represented George Young Company in its sale to Mammoet. Mammoet (established 1807) is the world’s market leader in engineered heavy lifting and transport, operating globally with 5,000 employees and in over 90 locations. George Young Company has been in existence since 1869 and is specialized in rigging, millwrighting (machinery installation)…
FMI Capital Advisors represented Talen Energy, a portfolio company of Riverstone Holdings, in the divestiture of 10 operating construction companies under its Talen Energy Services business line, including the sale of six companies to Engie North America. Talen Energy is one of the largest competitive energy and power generation companies in North America. Talen Energy Services is a wholly…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the sale of Unesco, Inc. to the Power Opportunities Group of Oaktree Capital Management, L.P. FMI Capital Advisors acted as the exclusive financial advisor to Unesco for this transaction. Unesco, based in Minneapolis / St. Paul, is an energy services company primarily working with clients in the education market…
Raleigh, NC- FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Ideal Fencing Corp, LLC. (“Ideal Fencing”) by U.S. Fence Solutions, a portfolio company of Building Industry Partners (“BIP”). FMI Capital Advisors acted as the exclusive financial advisor to Ideal Fencing for this transaction. Founded in 1982 and based in…
FMI Capital Advisors is pleased to announce the acquisition of Absolute Aeration by RevO2 Solutions. FMI Capital Advisors acted as the exclusive financial advisor to Absolute Aeration for this transaction. Absolute Aeration is the Greeley, Colorado-based creator of the Blue FrogTM System wastewater treatment technology. The patented technology utilizes natural biological processes that enhance…
FMI Capital Advisors, a subsidiary of FMI Corporation, is pleased to announce that West Edge Energy, LLC, (“West Edge”) has acquired Colorado Asphalt Services, Inc. (“CASI”). FMI Capital Advisors acted as the exclusive financial advisor to CASI. CASI is a vertically integrated asphalt manufacturing and maintenance services business based in Denver, Colorado. For more…
FMI Capital Advisors is pleased to announce the sale of Drexel Metals, Inc., a portfolio company of Arborview Capital, to Carlisle Construction Materials (“CCM”), a $2 billion division of Carlisle Companies (NYSE: CSL). Drexel Metals is a leader in the architectural metal roofing segment serving both residential and commercial customers with annual revenue of approximately $50…
Raleigh, NC - FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the merger of Retro-Tech Systems ("RTS") with LRI Energy Solutions ("LRI") under a new holding company Integrated Efficiency Solutions ("IES"), a portfolio company of DFW Capital Partners ("DFW"). FMI Capital Advisors acted as the exclusive financial…
By Kevin Yanik Vulcan Materials Co.‘s acquisition of Aggregates USA LLC represents the largest construction materials-related deal of the year – by far. The $900 million acquisition will reportedly add 31 facilities across five Southeastern states to Vulcan’s ever-growing portfolio. But according to George Reddin, the managing director at FMI Capital Advisors Inc., the Aggregates USA deal…
