FMI Advises Moss Utilities on a Sale to an Employee Stock Ownership Plan

FMI Capital Advisors is pleased to announce that it served as the exclusive financial advisor to Moss Utilities in the sale of the company to a newly formed employee stock ownership plan (ESOP).

Headquartered in Dallas, Texas, Moss Utilities is a premier heavy civil contractor specializing in underground utility installation, including water, sewer, storm drainage, duct bank and fire lines. The company has built a strong reputation for delivering high-quality infrastructure solutions across commercial, education, industrial, data center, single-family and multifamily residential and public works projects throughout the Dallas-Fort Worth Metroplex.

The Moss family has a deep-rooted legacy in the utility construction industry in the region dating back to the early 1900s. In 2016, Garrett Moss, a fifth-generation leader and current president, founded Moss Utilities with a mission to foster personal and professional growth among employees while treating both team members and customers like family. The decision to transition a portion of ownership to an ESOP reflects the company’s commitment to its people and the belief that shared ownership fosters a culture of accountability and long-term success.

“I'm so lucky I had the experience of Nathan's team... Everything from the search for a bank, which attorneys you choose, selecting a trustee, structuring the ESOP deal, making sure the surety is on board, making sure the financial structure and debt repayment works – there's a ton of moving pieces,” said Moss. “Nathan Perkins was there every step of the way, and we couldn't have asked for a better deal quarterback.”

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 our deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. For more information, visit www.fmicapitaladvisors.com.

FMI Capital Advisors Contact:
Nathan Perkins
Managing Director, ESOPs
[email protected]