PCE Investment Bankers received the Corporate/Strategic Deal of the Year award for advising on the complex carve-out of Countywide Mechanical System to Pueblo Mechanical.

Target Information

PCE Investment Bankers has been recognized for its significant contribution in advising MMC Corp in the corporate carve-out of Countywide Mechanical System to Pueblo Mechanical. This transaction is noteworthy within the middle-market segment, particularly in the range of $25 million to $50 million. The complexity of this deal stemmed from the exclusion of the construction division and the involvement of an Employee Stock Ownership Plan (ESOP), which required careful consideration regarding asset isolation and employee retention strategies.

Industry Overview

The mergers and acquisitions (M&A) landscape has been evolving rapidly, particularly in the United States. The emergence of diverse deal types, including corporate carve-outs and ESOP transactions, illustrates the dynamic nature of the market. In 2023, the industry has seen heightened activity due to favorable economic conditions and an increased number of companies looking to streamline operations through strategic separations.

Moreover, sectors like construction and mechanical systems have experienced growth driven by rising infrastructure demands, spurred by government initiatives and increasing priv