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…
Raleigh, NC- FMI Advises Graymont Materials (NY) Inc. On Sale of Assets to Upstone Materials Inc. (a Colas USA company) FMI Capital Advisors, a subsidiary of FMI Corporation, is pleased to announce that Upstone Materials Inc. (a Colas USA company) (“Upstone”) has acquired the assets of Graymont Materials (NY) Inc. (“Graymont”). FMI Capital Advisors acted as the exclusive…
Raleigh, NC- FMI Capital Advisors, a subsidiary of FMI Corporation, is pleased to announce that Shallenberger Construction, Inc. (“Shallenberger”) has acquired select assets of E.J. Breneman, LP (“E.J. Breneman”). FMI Capital Advisors acted as the exclusive financial advisor to E.J. Breneman. Shallenberger is a privately held, general contractor and project management…
April 25, 2017 FMI Corporation is pleased to announce the acquisition of Empower Partners LLC. FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the acquisition of Empower Partners LLC. Chris Daum, FMI CEO, states, "Empower Partners brings…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce BCH Mechanical, Inc. has been acquired by Comfort Systems U.S.A. FMI Capital Advisors acted as the exclusive financial advisor to BCH Mechanical, Inc. for this transaction. BCH is a regional mechanical contractor based in Tampa, Florida. BCH engages in a broad range of mechanical contracting projects and services…
Raleigh, NC- FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce Mechanical, Inc. has acquired Pitlor Mechanical Corporation. FMI Capital Advisors acted as the exclusive financial advisor to Mechanical, Inc. Pitlor Mechanical Corporation is a full-service mechanical contractor located in Omaha, NE. A successful business for over one-hundred years, the company has…
FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce CCI Mechanical (operating subsidiary of Redwood Industries, Inc.) has been acquired by a subsidiary of EMCOR Group, Inc. FMI Capital Advisors acted as the exclusive financial advisor to CCI Mechanical. CCI Mechanical, which was founded more than 50 years ago, provides mechanical contracting and services for…
Raleigh, NC -May 2, 2016 – FMI’s forecast for 2017 predicts an increase of 6% for total construction put in place. With GDP most recently reporting 2.1 percent growth in the fourth quarter of 2016, construction growth of 6% looks solid. Although this is a drop from the hot pace of growth from 2013 through 2015, it seems to indicate that the recovery bounce is over and more normal…
FMI Capital Advisors, a subsidiary of FMI Corporation, is pleased to announce that New Enterprise Stone & Lime Co., Inc. (“New Enterprise”) has acquired the assets of EJB Paving & Materials Company (“EJB”) and select assets of Berks Products Corporation (“Berks Products”). FMI Capital Advisors acted as the exclusive financial advisor to Berks…
March 2nd, 2017 The FMI NRCI gained 5.6 points in the first quarter with almost every component of the NRCI Index moving in the positive direction. This result for the beginning of 2017 is welcome, as many have been expecting a slower economy. That expectation seemed to be only based on the idea that it has been good for so long, it must go down. The fact that material and labor costs continue…
