Another Specialty Contractor Sold by BMI in 2020
BMI announces the sale of a geotechnical contracting business to a private investor in Philadelphia. The parties have not publicly announced the transaction.
This company is focused on providing highly specialized geotechnical services including capabilities in challenging environments including test borings, piles, caissons, anchors, tiebacks, auger piles, sinkhole remediation/grouting, underpinning, slope stabilization, retaining walls, and horizontal boring. The companies specialized and broad capabilities attracted numerous qualified buyers.
BMI Mergers & Acquisitions is a merger and acquisition advisory firm that worked closely with the seller, obtained multiple offers, and guided the deal to a successful closing in June 2020.
To learn more about this deal or others in the specialty contracting space, contact Tom Kerchner.