FMI Advises Airosmith in Sale to Consertus
FMI Capital Advisors is pleased to announce that Airosmith, a provider of pre-construction solutions for wireless, fiber and renewable energy infrastructure, has been acquired by Consertus, a portfolio company of RTC Partners. The acquisition strengthens Consertus’ position in high-growth infrastructure sectors, particularly as demand accelerates for network capacity, fiber expansion and renewable energy development. FMI Capital Advisors served as the exclusive financial advisor to Airosmith for this transaction.
Founded in 2004 and based in Saratoga Springs, New York, Airosmith provides end-to-end services covering pre-construction activities, including site acquisition, project management, A&E design, structural engineering and outside plant design.
“Joining Consertus is an exciting next chapter for Airosmith and for our clients. Our teams share a strong commitment to quality and client service. By combining Airosmith’s pre-construction and telecommunications expertise with Consertus’ national delivery platform, we will broaden the solutions we can offer and create even more opportunities for our professionals and clients,” said Margaret Smith at Airosmith. “FMI was a valuable partner throughout this process. We are grateful for their expertise which proved critical to our success. Their team provided thoughtful advice and execution from start to finish to achieve an outcome that fully reflects the strength of our business.”
The acquisition adds 105 infrastructure development professionals with deep expertise in wireless, fiber, engineering and utility programs, significantly expanding Consertus’ telecommunications capabilities.
“Airosmith is an outstanding addition to Consertus,” said Roy Block, CEO of Consertus. “Their expertise in wireless and fiber infrastructure advances our ability to deliver integrated solutions at scale. We’re excited to welcome their team and grow together.”
“Airosmith’s specialized telecommunications expertise makes this a valuable enhancement to the Consertus platform,” said Tony Brindisi, Managing Partner at RTC Partners. “This acquisition expands Consertus into high-growth infrastructure sectors and reinforces our commitment to building a diversified, best-in-class professional services platform.”
ABOUT AIROSMITH
Airosmith is a provider of end-to-end pre-construction services including site acquisition, project management, A&E design, structural engineering, and outside plant design. Learn more at www.airosmithdevelopment.com.
ABOUT CONSERTUS
Consertus, Inc. delivers integrated digital, advisory, delivery, and engineering and design solutions that help clients plan and execute complex capital programs worldwide. With more than 1,200 professionals across the U.S., Puerto Rico, Europe, the Middle East, and India, Consertus serves clients in transportation, including aviation and transit, healthcare, telecommunications, energy, utilities, government, and manufacturing, helping them achieve their key strategic goals. Learn more at www.consertus.com.
ABOUT RTC PARTNERS
RTC Partners is a growth-focused, entrepreneurial investment firm committed to long-term value creation. RTC builds exceptional businesses in the professional and business services industries by partnering with strong management teams. With a focus on human capital and a thoughtful approach to both organic and inorganic growth, RTC enables organizations to unlock their next stage of success. RTC is actively seeking new platform and add-on acquisition opportunities. Learn more at www.rtcpartners.com.
ABOUT FMI CAPITAL ADVISORS
FMI Capital Advisors has dedicated and experienced investment banking teams advising clients on merger and acquisition (M&A) transactions across the built environment. We maximize outcomes for our clients through our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. For more information, visit fmicapitaladvisors.com.
FMI Capital Advisors Contacts:
Russell Clarke
Managing Director
[email protected]
Dan Shumate
Managing Director
[email protected]
Emma Lowry
Vice President
[email protected]