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.

“This transaction marks a significant milestone in SPC's history,” said Chris Williford, president of SPC. “Transitioning to employee ownership honors the legacy of our founders while positioning our team for long-term success. FMI’s expert guidance, deep industry knowledge and commitment to our goals made them an invaluable partner throughout the process.”

“Helping legacy-driven companies like SPC successfully transition to employee ownership is at the core of what we do,” said Nathan Perkins, managing director at FMI Capital Advisors. “This ESOP ensures continued cultural alignment, leadership continuity and shared growth for years to come.”

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]