Argenta Partners successfully recapitalized Westcon, an industrial construction company, to provide liquidity for its founder while positioning the firm for growth, ultimately leading to a lucrative exit with a return of 6.7 times the initial equity investment.

Target Company Overview

Westcon is a specialized industrial construction firm that focuses on providing comprehensive construction services for large-scale process facilities. With a proven track record and extensive expertise in the industry, the company has positioned itself as a key player in the construction sector, catering to a diverse range of clients.

The founder of Westcon sought liquidity primarily for estate planning reasons while also expressing a desire to remain actively involved in the company as President. He was looking for an investment partner capable of providing strategic guidance to execute a sustainable long-term growth plan, alongside expertise in accounting and information systems.

Industry Overview in the United States

The construction industry in the United States has been experiencing significant growth, driven by rising demand for both residential and industrial structures. This upward trend is fueled by economic recovery, inc