FMI Announces Sale of John G. Walton Construction Company to Wiregrass Construction Company
FMI Capital Advisors is pleased to announce the sale of John G. Walton Construction Company, Inc. to Wiregrass Construction Company, Inc., a subsidiary of Construction Partners, Inc. FMI Capital Advisors served as the exclusive sell-side financial advisor to John G. Walton Construction Company for this transaction.
Founded in 1994, John G. Walton Construction Company is a leading asphalt producer and paving and heavy civil contractor operating in the greater Mobile, Alabama market. With decades of experience, the company has successfully delivered a wide range of infrastructure projects, from state and county to municipal and private developments, throughout South Alabama.
“From day one, the FMI Capital Advisors team proved to be an invaluable partner throughout this process," said Johnny Walton, owner of John G. Walton Construction Company. "Their unmatched industry expertise, combined with unwavering support and hands-on guidance, were critical in ensuring a smooth and successful close."
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 deep market knowledge, strong technical expertise and an unparalleled network of industry relationships. Our Construction Materials team has a combined 35 plus years of experience and has completed more than 100 transactions in the sector. For more information, visit fmicapitaladvisors.com.
FMI Capital Advisors Contacts:
George Reddin
Managing Director
919.349.1919
[email protected]
Rob Mineo
Managing Director
919.539.6861
[email protected]