FMI Advises Skanska USA in the sale of PCI Skanska to Salas O’Brien
FMI Capital Advisors is pleased to announce the acquisition of PCI Skanska by Salas O’Brien from Skanska USA. PCI Skanska is an engineering team focused on power and industrial projects. FMI Capital Advisors represented Skanska USA in the sale of PCI Skanska.
The PCI team enhances Salas O'Brien's experience in important markets including pharmaceuticals, food and beverage, chemicals, and other industrial applications. As the next step in Salas O’Brien’s strategy to be local everywhere, with international resources, the PCI team will continue to be managed by its current leaders while also collaborating with disciplines from across Salas O’Brien and offering a single point of contact for a wide variety of in-house engineering and related services.
"Manufacturing, life sciences, food and beverage, utilities, and other process-driven markets are incredibly important to the American economy," said Darin Anderson, Salas O'Brien chairman and CEO. "I am so pleased to welcome the PCI team to Salas O'Brien, and I believe their leadership and advanced engineering skills in key markets will produce mutual growth and many opportunities for our unified team." Salas O'Brien continues to grow as part of an ambitious plan to create the most respected engineering firm in the world as measured by our clients and team members.
"Our team is thrilled to be joining an engineering-focused organization with a culture that is so similar to ours," said Scott Albin, General Manager of PCI. "This merger makes both teams stronger, and we look forward to a bright future as we grow together and become one firm."
About Skanska USA
Skanska is one of the leading construction and project development companies in U.S., specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 66 billion in 2020 and had about 7,600 employees in its operations. To learn more, visit www.skanska.com
About Salas O’Brien
Salas O'Brien is an engineering firm with offices across North America. We use our experience at the intersection of energy, infrastructure, and sustainability to help high-profile clients meet their critical needs. We are a top firm as ranked by Engineering News-Record and Consulting-Specifying Engineer, and we have appeared for the past eight years on the Inc. 5000 list of North America's fastest-growing private companies. Find out more at www.salasobrien.com.
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 FMI Capital Advisors.
FMI Capital Advisors Contacts:
Alex Miller
Managing Director
[email protected]
919.785.9234
Greg Powell
Managing Director
[email protected]
919.785.9217
Ryan Donnelly
Vice President
[email protected]