BaseRock Partners

Thinking about selling your heavy civil or general contracting company? For many in the industry, Employee Stock Ownership Plans (ESOPs) are proving to be a highly viable option—especially when the traditional buyer pool of strategic acquirers and private equity firms is limited. Learn why an ESOP might be the best way to secure your legacy while rewarding your employees for their contributions. Explore the benefits and unique characteristics of ESOPs in the construction sector. https://hubs.la/Q02-l2xy0 #ESOP #SuccessionPlanning #ConstructionBusiness

BaseRock Partners is pleased to announce it served as the exclusive advisor to Dutra Materials, a premier provider of aggregate and asphalt materials to the greater San Francisco market, on its sale to CRH. Bill Dutra, Executive Chairman of The Dutra Group shared, “Our collaboration with CRH for this acquisition marks the start of an exciting future for both companies." “BaseRock’s market knowledge and experience was a critical factor in helping us identify a partner that shares our values and long-term vision for Dutra Materials. We are grateful for their support and guidance during the transaction process.” Learn more: https://hubs.la/Q02-YVQj0 #MergersAndAcquisitions #ConstructionMaterials #Aggregates #BuildingMaterials #Construction #PressRelease

In the heavy civil and general contracting industries, M&A activity is at its lowest. Surety bond obligations and limited private equity interest are making traditional acquisition routes more challenging. But there’s another option. ESOPs offer construction company owners a path to transfer ownership while maintaining company culture and providing significant tax benefits. Discover why more construction firms are choosing ESOPs as their succession strategy: https://hubs.la/Q02-YMLW0 #ESOP #SuccessionPlanning #HeavyCivil #EmployeeOwnership #MergersAndAcquisitions #ConstructionIndustry

BaseRock Partners is pleased to announce the sale of the Aggregates Division of Tindol Construction, a multi-site producer of aggregates, to Capitol Aggregates. BaseRock served as the exclusive financial advisor to Tindol in the transaction. “Partnering with BaseRock was instrumental in our sell-side transaction process,” said Jason Tindol, President of Tindol Construction. “Their market insights, strategic guidance, and dedication to the process were critical to identifying the right partner and closing a transaction that exceeded our expectations.” Learn more: https://hubs.la/Q02-l7Bm0 #MergersAndAcquisitions #ConstructionMaterials #ConstructionIndustry #Aggregates #PressRelease

BaseRock Partners announces the sale of Hartwig Mechanical, Inc. to Crete United a portfolio company of Ridgemont Equity Partners. BaseRock Partners acted as the exclusive financial advisor to Hartwig in this transaction. "The BaseRock team was instrumental in our realizing an attractive outcome for Hartwig," said Chadd Hartwig, CEO of Hartwig. "BaseRock did a terrific job of communicating our story, their process generated significant buyer interest, and their industry expertise and experience was instrumental in managing the transaction. We are pleased to have realized such a successful outcome." Learn more about the transaction: https://hubs.ly/Q02Y-gt90 #MergersAndAcquisitions #Construction  #ConstructionIndustry #MechanicalContracting #PressRelease  

ESOPs are becoming a popular option in the construction sector, with nearly 30% of new ESOPs forming in this industry. Construction companies are discovering how these plans not only help preserve their legacy and protect employees but also offer valuable estate planning advantages. Whether you’re a construction business owner considering succession options, or an advisor helping clients navigate their future, BaseRock Partners is here to help you understand the complexities of ESOPs and tailor a solution that meets your unique needs. Let’s discuss how an ESOP could be the right path forward. https://hubs.ly/Q02Y-jJt0 #ESOP #SuccessionPlanning #ConstructionBusiness #EmployeeOwnership

BaseRock Partners announces the sale of Hartwig Mechanical, Inc. to Crete United a portfolio company of Ridgemont Equity Partners. BaseRock Partners acted as the exclusive financial advisor to Hartwig in this transaction. "The BaseRock team was instrumental in our realizing an attractive outcome for Hartwig," said Chadd Hartwig, CEO of Hartwig. "BaseRock did a terrific job of communicating our story, their process generated significant buyer interest, and their industry expertise and experience was instrumental in managing the transaction. We are pleased to have realized such a successful outcome." Learn more about the transaction: https://hubs.la/Q02Y-nfT0 #MergersAndAcquisitions #Construction  #ConstructionIndustry #MechanicalContracting #PressRelease  

Thinking about selling your heavy civil or general contracting company? For many in the industry, Employee Stock Ownership Plans (ESOPs) are proving to be a highly viable option—especially when the traditional buyer pool of strategic acquirers and private equity firms is limited. Learn why an ESOP might be the best way to secure your legacy while rewarding your employees for their contributions. Explore the benefits and unique characteristics of ESOPs in the construction sector. https://hubs.la/Q02Y5Kq40 #ESOP #SuccessionPlanning #ConstructionBusiness

Matthew Drake, John Kiernan, and Jay Rolader, are headed to the The ESOP Association Employee Owned Conference in Las Vegas! Offering essential tools and perspectives to navigate the complexities of today’s business climate, #EO24 will cover complex issues faced by ESOP executives, trustees, and professionals, with a focus on harnessing the competitive advantages of employee ownership. We look forward to connecting with you at the largest ESOP conference in the world. See you there! #EO24 #ESOP #EmployeeOwned #BaseRockPartners

BaseRock Partners announces the sale of Sunwest Builders to an Employee Stock Ownership Plan (ESOP). BaseRock Partners served as the exclusive financial advisor to SunWest Builders. Steve Buettner, President and owner of SunWest Builders shared, “I have always believed in the talent, dedication, and heart of our team. Transitioning to an ESOP reflects my confidence in our people and honors the collective effort that has driven our success. I couldn’t envision a better legacy than empowering our employees to shape the future of SunWest Builders.” Learn more: https://hubs.la/Q02W_2Kz0 #EmployeeOwnership #ESOP #MergersAndAcquisitions #Construction #ConstructionIndustry #CentralOregon #PressRelease