Civil Construction

A transaction marked by tears can tell two different stories. For our client, the tears at closing weren’t for what was lost, but for what was finally achieved for the family after decades of strategy, patience, and grit coming together in an outcome everyone wanted.

There were a few shareholders with different aspirations. Two wanted to retire, while the other wanted to build an even bigger enterprise, but not on his own — he wanted to leverage the resources of a larger company. To meet everyone’s goals, we identified the ideal strategic buyer and structured the deal so one shareholder could roll-over a meaningful equity stake and continue leading the business, while still realizing most of his value, and the others could exit smoothly.

A strategic buyer operating in the same space acquired both an experienced operator with skin in the game and added key regional market to their rapidly growing company.