FMI Advises A.G. Peltz and Abramson in Sale to Satterfield & Pontikes
FMI Capital Advisors is pleased to announce the sale of A.G. Peltz and Abramson to Satterfield & Pontikes Construction (S&P), a Houston-based general contractor and leader in construction management and innovation. FMI Capital Advisors served as the exclusive financial advisor to A.G. Peltz and Abramson for the transaction.
Based in Alabama, A.G. Peltz is a nationally recognized leader in roller-compacted concrete (RCC) and specialty paving, delivering large-scale projects across ports, intermodal facilities, airports and roadways. Abramson, also based in Alabama, brings decades of experience as a specialty concrete contractor focused on Department of Transportation (DOT) work, including paving, bridge components and critical roadway infrastructure.
Together, these additions expand S&P’s ability to serve clients across a broader range of infrastructure and specialty concrete work while maintaining the company’s commitment to quality, safety and collaboration. Both A.G. Peltz and Abramson will continue operating with their existing teams, preserving the culture, relationships and expertise that have made them trusted partners in their markets.
“Joining S&P represents an exciting opportunity for our team,” said Will Gray, Managing Partner at A.G. Peltz/Abramson. “We’re proud of what we’ve built and look forward to continuing that work while gaining the support and resources of a larger organization.”
Gray adds, “Finding the right long-term partner was our top priority, and FMI Capital Advisors helped us achieve that objective. Their understanding of our business, thoughtful guidance and disciplined process gave us confidence every step of the way, and we’re excited about what this partnership means for our employees and customers.”
About AG Peltz
Founded in 1999, AG Peltz is a specialty paving contractor and industry leader in roller-compacted concrete (RCC), with extensive experience delivering large-scale pavement systems for transportation, industrial, and logistics infrastructure across the United States. AGP is the largest RCC paving contractor in the United States, having placed over 11 million square yards of pavement.
About Abramson
Headquartered in Birmingham, Alabama, Abramson is a specialty concrete contractor with decades of experience delivering Department of Transportation (DOT) infrastructure projects, including slip-form paving, barriers, bridge components, and roadway systems across the Southeast. Founded in 1959, Abramson is the largest DOT concrete construction contractor in Alabama.
About Satterfield & Pontikes Construction
Satterfield & Pontikes Construction (www.satpon.com) is an ENR top 400 company and offers a full range of preconstruction, construction, and consulting services to both public and private clients. S&P is considered an innovator in construction management systems and has pioneered numerous technological advancements across its solid portfolio of wide-ranging projects, including educational, transportation, healthcare, commercial, governmental, mission critical, retail distribution, and manufacturing facilities. The Satterfield & Pontikes family of companies includes 11 specialty subsidiaries including Eagle Contracting, Rollcon, AG Peltz, Abramson, Westway Construction, Greco Structures, Pontikes, Rocket Concrete Pumping, Prolégo, Westway Flooring, and Eagle Mechanical. In addition to its headquarters in Houston, S&P has offices in Dallas/Fort Worth, Austin, San Antonio, and Midland, Texas.
About FMI Capital Advisors
FMI Capital Advisors has fully dedicated and deeply experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize value for our clients through deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. Our Construction Materials team has a combined 35 plus years of experience and has completed more than 100 transactions in the sector. For more information, visit fmicapitaladvisors.com.
FMI Capital Advisors Contacts:
Rob Mineo
Managing Director
919.539.6861
[email protected]
George Reddin
Managing Director
919.349.1919
[email protected]