FMI Advises SPC Mechanical on 100% Sale to Employee Stock Ownership Plan

FMI Capital Advisors is pleased to announce that it served as the exclusive financial advisor to SPC Mechanical (SPC) in the sale of 100% of the company to a newly formed employee stock ownership plan (ESOP).

Founded in 1965, SPC is a leading, family-owned mechanical contractor providing construction and service solutions across North Carolina. The company is widely recognized for its high-quality installations and dependable service, with deep expertise across the commercial healthcare, educational, pharmaceutical/life sciences and state/federal government industries.

“FMI played a critical role in guiding SPC Mechanical through the ESOP transition with clarity, professionalism and a deep understanding of the process," said Chris Williford, president of SPC Mechanical. "From the initial planning stages through to closing, their team was responsive, strategic and committed to helping us achieve the best possible outcome for our company and our employees. They brought a balanced perspective — supporting our leadership team with technical expertise while keeping our company culture and long-term vision at the forefront. FMI was not just an advisor — they were a true partner in one of the most significant moments in our company’s history.” 

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]