Lennar Corporation recently announced the acquisition of CalAtlantic Group.  Together, the companies form the largest home builder in the U.S.

PCE Investment Bankers, a leading financial services firm for mid-market companies, is pleased to announce the sale of Williams Electric Company (WEC) to Parsons Corporation. WEC specializes in control system integration, electrical and general contracting, and energy infrastructure solutions.  Customers of WEC include U.S. federal government agencies and facilities, including the U.S. Army Corps of Engineers (USACE).  PCE served as exclusive financial advisor to WEC.

[vc_column width="2/3"]Determining the value of a construction company in a merger and acquisition (M&A) transaction is unlike most other businesses.  The numerous variables surrounding construction operations makes predicting a valuation challenging, and sometimes the highest value to the seller requires unique terms and conditions in a sale.

RIDGEWOOD, NJ - MMC Corp recently announced the acquisition of Building Control Services, a building automation and service provider located in Reno, NV. With a strong reputation in Northern Nevada for its digital controls installations, service, and system optimization capabilities.

MMC Corp recently announced the acquisition of Stroh Corporation. PCE Investment Bankers sourced the acquisition and served as financial advisor to MMC Corp. Stroh is a union mechanical and electrical service and construction company based in Des Moines, Iowa. With a strong reputation in Iowa for both its mechanical and electrical services, Stroh brings a strong background, solid client base, and increased resources to the MMC Corp family of companies.

PCE Investment Bankers is pleased to announce we have been named the 2015 Best in Building Products & Construction M&A by Acquisition International.

We have started to experience greater interest in the Building Products / Construction sector over the past few months. This attention is both from owners and buyers – equally strategic and private equity. Clearly the increased activity in the residential and commercial building arena has brought awareness of improving revenues and profitability.

There have certainly been better days – and even better years – for the nation’s construction industry. But extended periods of strong growth have turned sluggish making a once vibrant industry fall back to levels not witnessed in nearly a decade. As economic conditions improve, construction is sure to take off again but how soon that will happen is the question on everyone’s mind.

Analysis of the American Recovery and Reinvestment Act of 2009

Volume and price are inversely related – the flip sides of one coin. Classically, the lower the price, the higher the volume and vice versa. Florida homebuilding turned this relationship on its head with accelerating prices and volumes from 2001-2005 before collapsing volumes and declining prices ever since.